NKL 4.00% 2.6¢ nickelx limited

Ann: Advanced Nickel and Lithium Project Acquisition Option, page-50

  1. 1,876 Posts.
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    Well...the Czech projects were only meant to be considered for acquisition - as in they have not been purchased (yet?) and NKL were travelling into the regions to do their final due diligence. I can see that if EMH does really well, over the next few weeks, NKL will start appreciating as well. If EMH cannot show a path forward to production and encounters massive roadblocks over the coming months then those NKL assets will be worthless.

    The way the EMH project is being progressed by the Czech Prime Minster at the moment is pretty convincing that it will do well. Hence, NKL if it choses to acquire those tenements will have the market value it with consideration of a pathway to production.

    GLTAH.
 
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