the past year is in the past now and maybe the extra time is a blessing in disguise because everything will get done right the first time. i think we're starting to turn the corner with nickel sulphate produced for the first time. once we get assays to confirm a battery grade product then hopefully we can get some clarity around the offtake because the offtake is the key to unlocking m&a activity
imho, if cvrd keeps the offtake then hopefully the new vale base metals will want jag back. timeline for the new vale base metals spinoff or ipo is 2024. i wonder who will get the upfront 10% stake as final bids went in mid-april. vale base metals got a new chair last week (mark cutifani ex anglo ceo) so things are moving on cvrd's front
RFC says these ASX projects are ripe for a takeover (themercury.com.au)
After dipping to a 10-year-low, appetite for nickel mining M&A is returning. And RFC Ambrian has identified these ASX companies as tasty prospects...ARL...NC1...MLX...CHN...CTM...
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- Ann: First Nickel Sulphate Produced from Jaguar Ore
Ann: First Nickel Sulphate Produced from Jaguar Ore, page-31
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