I'm hoping that the relist raise will be at 42c so that all in here get a chance to top up at the same level as others during the plant commissioning phase. Although I appreciate that those contributing prior to relisting are running a greater risk, it would still be a nice reward if it comes about.
We will be much further along the path by then and it should be a windfall profit for those buyers at least. Given the current Ni price I suspect we are already cashflow positive and as things like production volumes and recoveries improve the profits should climb as well. It is usually the case that plants beat their nameplate capacity and I see no reason why a seasoned group of people like those at Avebury wont achieve the same. I fully expect that the best green nickel sulphide from a western nation will be both noticed and well regarded.
If we meet the targeted Feb 4th deadline, it's only 7 weeks away. We are almost there.
MYL Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
