BHP is BHP, lets not get delisions of granduer. Ok? Agreed on that. They can fund basically what ever project they want. GME i don't know the co sorry, so cant comment. RMI is a New Guinea play, its never as easy as it seems, ask Highlands Pacific, Lihir, Bougainville, Ok Tedi... all extreme cases i know, but its relevant to consider soverign risk. Yes OSH does it well, but PNG Govt owns a chunk of OSH.
Also RMI dont have their leases renewed? Yet. So hold your horses. It will happen (i believe) but lets see the ink on a page.
Capex is big for such a small company, bring in a partner to fund? Ok, sure but that dilutes existing share holder interest way down.
A prior poster said he/she has had not much faith in management. I don't have a strong view, but management needs to be good to implement this thing. Like i mean very sharp. Do they have a go getter who knows nickel?
Like i said 0.8% nickel grade in remote PNG is on the low side. On the "contained nickel in ground" another poster said its screamingly cheap, i dont have an issue with that, i thing it probably is.
Holding some shares and watching with keen interest. Observation only, never a recommendation. Always do your own research.
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Mkt cap ! $9.785M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.5¢ | $0 | 3 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 13022 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 233750 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6289 | 0.015 |
1 | 35715 | 0.014 |
1 | 50000 | 0.013 |
1 | 41667 | 0.012 |
1 | 450000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 233750 | 2 |
0.019 | 300000 | 1 |
0.027 | 350000 | 1 |
0.038 | 62531 | 2 |
0.040 | 197435 | 1 |
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