At the risk of dipping my toe too deeply into this dark pool, I just love old mine restarts. Assets are valued at zip, but smart operators can make them just hum if they get it right. And I have a good feeling these guys can do that. Great assets, great potential. Nickel is the future.
Not sure why there is such angst about delays unless this is from incompetence. I don't see that here, it is just mining. Delays are part of the process because there are so many moving parts.
The reality in WA is that COVID has created labour shortages as well as affecting government approval processes. Another stock I have has put their restart back 6 months because of it.
As long as these guys stick to their revised program, '22 will be a sweet time, '23 oh so much better.
Oh, BTW, @tomboy, is that Marcus Padley you are referring to ? He is a holder and very bullish on this one. Knows the CEO very well.
Ann: Black Swan Restart Project Update, page-94
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Mkt cap ! $21.01M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.4¢ | $8.584K | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 66562172 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 386147 | 2 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| POS (ASX) Chart |