The good:
- JV - Hancock most likely looking to buy in, and probably eventually buy out (=huge premium $$$ ca-ching). SHOW ME THE MONEY.
- Plenty of working capital - no cap raise
The bad:
- Certainty over speed was bs. See crazybull post above re. certainty.
- FID now sometime this year.
- $15M grant wasted
- $2.4M camp wasted
- Nolans success plan (huge Exec freebie bonuses) has no guidance, budget, schedule, or time based performance metric. As crazybull hints - how is seperation between Execs and BODs vs the most powerful mining business in Australia and shareholders interests being assured.....
In my opinion, the good greatly > the bad.
- Someone/something big wants Nolans.![]()
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