PNM 0.00% 2.4¢ pacific nickel mines limited

Ann: Jejevo Nickel Project Update, page-6

  1. 934 Posts.
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    Its worth keeping in mind that our market cap ~7M is just a fraction of the market cap of Axiom, over 100M, at its peak.

    Compared with Axiom, we have:
    - High integrity reputable management team;
    - Rob Thomson and Geoff Hiller both successful in developing assets in SE Asia - studies, approvals, construction and commissioning. .
    - An ownership structure that benefits the locals and minimises the risk of ambit claims and sovereign risk.
    - Low cost base, utilising offshore management where possible

    I think there's lots of upside here once the sovereign risk fears abate. We might not get the spruiking from these chaps like Axiom, but the screaming bull market for nickel and subsequent share price might do the marketing for them.
    Last edited by ResourceEagle: 07/01/21
 
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