Was in this stock from the start of it's rise but did not sell any at $10 unfotunately. Thought they would find more high grade stuff. There really is only the original high grade find so far. Lost faith in the management. They delayed the scoping study. Then said it was the biggest Nickel find . Yes it was but recovery at 41%. Seriously? Doesn't make sense. Then they milk the figures to make the scoping study look better. Sold out betweem $3.50 and $5:20 thank God. Bought some Spartan resources up 66% so far which is making up some of the "losses" .
At $2 might be worth a punt. But they really do need higher grades of Pd and Pt and can they improve the 41% of Nickel recovery? They have had 18 months to improve them.
It was a great ride for a while. It's going to take a long while for it to $4 again.
And Liontown could fall 50 % tomorrow.
So hard to make a dollar at the moment.
Ann: Gonneville Nickel-Copper-PGE Project Scoping Study, page-1084
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CHN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.00 |
Change
-0.040(3.85%) |
Mkt cap ! $389.0M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.07 | $1.00 | $2.800M | 2.738M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 62825 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 9284 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |