So how exactly did the lease pass from Sumitomo Corp to this little junior?
It looks as if it is already drilled and ready for DFS. Sumitomo is not the kind of company to give up because they lose face. Especially as they have already invested heavily in the project and they are supplying the raw materials to Panasonic for their battery mega factories, which include in no small part nickel.
How is MNC with little to no money and a leader who is also boss of another ASX listed gold junior which is floundering at the same spectrum of the ASX penny stocks going to mine what Sumitomo Corp could not/did not?
Seriously interested to hear your views on how they could get this project along with their Columbian gold projects to the point where they are making money and not raising it.
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- Ann: Acquisition of DSO Nickel Laterite Project and Financing
Ann: Acquisition of DSO Nickel Laterite Project and Financing, page-101
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