I agree with most of what you said.
But Matt has experience, a history & the BOD has thrown their own cash at this when it needed the money.
NICKELX LIMITED (ASX:NKL) - Ann: Appendix 3Y - Change of Director's Interest Notice x 4, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Unfortunately, the nickel market has died, which doesn't bode well for a company called Nickel X. That's not the fault of Matt or the crew either.
A nickel for your thoughts: Matt Gauci | ASX:NKL (*.com.au)
HC will block the link, just Google "A nickel for your thoughts".
The drill bit could spin around May/June for uranium & there's a gold acquisition on the cards, so I don't think it's all over just yet, there's still life here for a few years to come with any luck.
NICKELX LIMITED (ASX:NKL) - Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Gold is at all-time highs in AUD.
Ann: Significant Uranium Identified at Elliot Lake - Amended, page-25
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