Hardly here nor there, Aussiepeter, and plainly just an honest error on someone's part.
I don't think we'll quibble over the fate of 36K shares when Jordan stumped up for 6.25M shares ($100,000) to participate in the Rights Issue alongside shareholders ...and pledged a further $67,920, subject to shareholder approval, for 4,245,000 more.
One thing it says to me of management here - they put their money where their mouth is ...and back themselves with vigour.
Got to tell you something about Quicksilver, and the Board's view of the project.
Meanwhile, go and have a read of Stock Head's latest article on the critical metals markets - High Voltage: In 2010, China’s ‘weaponisation’ of rare earths sent prices into low orbit. Could it happen again?
Then perhaps give some thought to our CEO, Damon Dormer's, remarks at the recent Paydirt Battery Minerals Conference:
What has become apparent is that Quicksilver is not just a resource of nickel and cobalt, but is a unique clutch of critical minerals.
It's a basket of metal goods, if you will.
While Ni-Co-Sc deposits are rare, there are a few significant resources in Australia. The overprinting of rare earths, however, is extremely rare - to the point that we have not been able to find any reported occurrence of this globally. We certainly appear to be unique.
...There is still further opportunity within our current resource. The ore body is open along strike, and currently there has been no drilling at depth.
...We are in an excellent position to take advantage of the structural market changes from global decarbonisation through the electric vehicles and the electrification of other industries, renewable energy generation and storage, and ongoing technical development.
We are not just exposed to part of these, but uniquely positioned to all of them!
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