Apr 7th, 2020
Interview with Johnna Muinonen, President of Dumont Nickel (TSX:RNX)
RNC MInerals was originally known for it large Nickel project, Dumont, before their extraordinary gold find at Beta Hunt changed everything. As a consequence, investors have been looking towards Australian and consistent cash generative gold, and perhaps have forgotten that in Dumont they have a potentially large future value generating event.
We spoke with Muinonen in early November to find out where they are in monetising this large Nickel asset. She gives us an update about the movement in the Nickel market and the completion of their Feasibility Study. Muinonen gets in to the detail. She describes Dumont as perhaps the most advanced large Nickel development project in the world. With a Life of Mine of +30-years it is certainly large scale. That also makes it attractive and it can operate through inevitable nickel cycles.
Clearly capable and knowledgeable, Muinonen, a Nickel lifer, appears to have the same energy and drive as her CEO, Paul Huet, and is keen to ensure Dumont is ready when large strategic partners nad operators come knocking on the door. She doesn't seem to think that is too far away. They are fully funded between now and that point, because of a JV with Waterton.
What did you make of Johnna Muinonen? Is RNC Minerals a gold stock to watch? Comment below and we will respond.
Company page: http://www.rncminerals.com/
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