The market needs to know a few random things; The Central...

The market needs to know a few random things;

The Central Musgrave Project had offtake MOU with POSCO and Samsung over a decade ago - fell thru due to the drop in spot prices. Someone will come knocking in time.

Is Andrew Forrest a potential cornerstone investor - I believe he could be medium to long term as Managing Director of Operations, Fergus Kiley comes from Wyloo Metals (Twiggy owned). Twiggy is after a huge Nickel acquisition and this could potentially fit the brief - and NiCo would definitely benefit from his investment (capital support). Pure Spec - but looking closely at the dots.

This project when operational will generate over a $750m per annum, likely closer to the $1b mark (fully operational) with 39 year mine life. Circa $39bn.

Rod Corps didn’t only spend $3.3m of his own cash on market - he did so even after it had 4 - 5 bagged since IPO at 20c. So his average SP for the on market isn’t far off $1 per share (this doesn’t include options and performance shares). This discredits a pump style purchase - as he would have done that ASAP (20-40c, not $1). He clearly sees the vision and potential for this project to be funded, developed and operational.

Let’s see where this takes us LT - it’s been good short term but it’s the long game for this one that could pay dividends (literally)