Market reaction to Ni price rise? None.
Permits this quarter... maybe.
Covid infestation in Solomons, yes.
Go slow on progress and permits, yes.
Assays for this "early works" a month or more away, probably.
Shareprice October 2021 14.6c.
Shareprice March 2022 11.5c barely
Price of Ni in October 2021 $18,000
Price of Ni now $80,000
Asset good. Yes.
Grade good. yes
Solomons tricky place to operate. Maybe but there are worse.
Pacific Ni management team.... ask them why they have not delivered. 14.6c to 11.5c A 21% fall in value.
Worst Ni stock on ASX for adding shareholder value.... probably
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- Ann: Kolosori Nickel Project - Early Works Completed Successfully
Ann: Kolosori Nickel Project - Early Works Completed Successfully, page-7
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