PNM 0.00% 2.4¢ pacific nickel mines limited

Ann: Kolosori Nickel Project - Early Works Completed Successfully, page-7

  1. 152 Posts.
    lightbulb Created with Sketch. 17
    Market reaction to Ni price rise? None.
    Permits this quarter... maybe.
    Covid infestation in Solomons, yes.
    Go slow on progress and permits, yes.
    Assays for this "early works" a month or more away, probably.

    Shareprice October 2021 14.6c.
    Shareprice March 2022 11.5c barely

    Price of Ni in October 2021 $18,000
    Price of Ni now $80,000

    Asset good. Yes.
    Grade good. yes
    Solomons tricky place to operate. Maybe but there are worse.

    Pacific Ni management team.... ask them why they have not delivered. 14.6c to 11.5c A 21% fall in value.

    Worst Ni stock on ASX for adding shareholder value.... probably




 
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