The market will wake up to this acquisition sooner rather than later. This is a cracking project, with brilliant historical results.
The market sentiment towards Nickel is becoming more and more positive.
At a market cap of Circa $10m after the raise, with $4m in cash has taken place this is still a great opportunity.
48.05m @ 3.05% NiEq with 0.09% Co from 54.25m
26.50m @ 3.05% NiEq with 1.37g/t Pd and 0.09% Co from 36.80m
12.80m @ 3.54% NiEq with 1.72g/t Pd and 0.11% Co from 59.90m
24.60m @ 2.44% NiEq with 1.61g/t Pd from 53.40m
12.70m @ 3.18% NiEq with 1.52g/t Pd and 0.11% Co from 73.65m
25m @ 1.42% NiEq from 50m
DYOR
Ann: Acquisition of advanced high grade Ni-Cu sulphide projects, page-31
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