@Lemons312, well said. They are cashed up now because the raise was fully underwritten. I believe they have to be negotiating for JV partners or full sale to a/some very large buyer/s.
You don't sink that kind of personal capital without, a) understanding the commercial (sale) value of a company, or b) having faith that the demand for Ni is real, or c) the belief a deal can be done.
You are thinking the same way I am here at present. I am a modest holder of this because it is speculative for me; not knowing what is going on behind the scenes. The size of Director buying tells me this looks good. I bought some more this morning as a top up; to dollar cost average down and add to my return if my understanding of the asset and recent moves is correct. Time horizon 6 months but expecting a result much sooner.
GLTAH CW
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