NKL 40.0% 2.8¢ nickelx limited

Look at what Pete has to say about the project.The way I see it,...

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    Look at what Pete has to say about the project.

    https://hotcopper.com.au/data/attachments/6425/6425291-b5fce6ecb0573668c826536f12aac70a.jpg

    The way I see it, Ramelius (a $2.5B company) owns the Penny North mine just over the fence. If NKL can get some deeper drill holes completed & prove up the resource, there are three options available to shareholders.

    1. Go it alone & develop a gold mine in direct competition with RMS, a $2.5B company.
    2. NKL could approach RMS to undertake a JV for the project, so costs are shared.
    3. RMS could buyout NKL itself or the project.


 
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