yeah look despite historical sp collapse over the decade, can’t help but feel it could be right place right time with both nickel & gold predicted to do well over next few yrs. Creasy buying lump sum on market adds confidence given he already had 40% stake. The other investor video who’re in our top 20 holders having $2m rough worth is good.
yes, still a spec without a doubt as no one knows what mre will bring (& weather or not its feasibility is good down the track as it gets updated over time), but if vc18 hits then yeah could be the nickel find of the year in 2022. Hopefully those EM conductors maintain their strike rate in drills.
looking at how BHP, FMG & IGO have been going after nickel coys (and BSX keen to pick up as much supply as possible for their downstream), wouldn’t surp anyone one bit if it shoots to $1 in no time should things fall in place, however, given history, I also wouldn’t be surp if it fills the 20c gap down before it shoots back up. I do have a decent chunk but will wait to buy more (even if at higher sp) after confirmation.
AZS Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held
