AXN 4.88% 3.9¢ alliance nickel limited

Ann: December 2017 Half Year Financial Statements, page-2

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  1. 339 Posts.
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    Bugger... a little disappointed that the PFS has been pushed back AGAIN to "later in 2018". Delayed from Dec 17 Qtr initially, to Mar 18 Qtr, to now later in 2018.

    My biggest worry is cash position. The $613k was received in February which will hopefully see us to the end of the financial year.

    Will need some good news before cash runs out or will be in for another capital raising, and in this market will most likely be at a discount.

    Great asset and fundamentals, but management need to really prioritise the PFS. That will be IMO the next major steppingstone to really get interest into the company and the SP/market cap accordingly.

    A little more frequent communication with the shareholders would help tremendously too.

    All IMO.
 
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