PNM 0.00% 2.4¢ pacific nickel mines limited

Ann: Kolosori Nickel Project Update, page-10

  1. 1,396 Posts.
    lightbulb Created with Sketch. 176
    Reading between the lines, its not economical, Glencore have told them enough is enough and everyone at Kolosori has been stood down. Same old story in the Solomon Islands, you would think its a cheap place to operate but that's far from the truth. History keeps repeating in that country. I think its prudent for management to stop all work until the Nickel Price makes the project viable.
 
watchlist Created with Sketch. Add PNM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.