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shane.hardy

3,012 Posts.

15/01/17

15:16

Post #: 21905297
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Originally posted by user23 ↑

If they producers refine/concentrate nickel then i couldn't care less the type of laterite nickel ore.

But like you said it's a dso operation so it's very important to determine whether it's saproite or limonite, both have different price for these unprocessed ore, you know that........

The option means if the pps is at $1, then they can convert it cheaper, dilute the shares cheaper and dump it to the market.....WTF.

The market will price avq with the information they have, now if they do jorc the entire tenement and it does end up at 50-100mt (like you say), then it's a different story, but they don't have the cash to do this.

I still think their MC is overpriced currently.

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Like I keep saying forget the market cap ....sentiment will determine SP as will resource demand.....look at AGO 9bl in shares yet sentiment up ...TLS 1.1 Billion shares still SP climbing.

AVQ Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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