Our neighbour with much less Nickel than us just got bought out for $760m. As I understand, their Nickel is estimated at around 65kt. We're sitting on 168kt+.
That alone is $3 a share in Widgie terms if we had that takeover bid - but our endowment is much higher, plus everything else we have (shallow, easily mined Lithium, and all the rest).
Great news for players in the Nickel Sulphide belt! Hold on and enjoy the ride.
Ann: Widgie Nickel Quarterly Activities Report & Appendix 5B, page-28
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