re: great buying opportunity today
Yeah, very good move.
Lots of weak cats euthanised themselves today.
Have a look at the situation, the price has sunk down to below or where it was before the US$1.3 billion agreement with Jinchuan was announced.
The Nickel price is US$20000 per tonne - higher then when the announcement was made. So what if it has come down from US$22 000 per tonne.
The company just pulled A$5o million in the placement and is rolling with the processing plant.
So my worth on paper has taken a bit of a beating the last few days but just like the loser of Green v Mundine, after tomorrow they will both be around to fight another day.
Chinkiat
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
