Very good news and adds critical mass to LM8. Their land holding is very Ni rich and strategically located in the heart of the Kambalda Ni district, one of the best Ni sulphide addresses globally. Management is excellent. Right address, right commodity, right management, what's not to like??
IMO they will merge with MCR in due course (this seems like a compelling marriage to me) to create a mid tier Ni sulphide producer.
GLTA & DYOR
LM8 Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
