BUX 3.75% 7.7¢ buxton resources limited

Ann: High-Grade Nickel Sulphides Confirmed at Dogleg Prospect, page-44

  1. 4,725 Posts.
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    I bought in today.

    FA shows good long term support around these levels

    IGO are desperate to find another commercial deposit and will move quickly on drilling this out if the next results support a SIR style deposit. 16% of that is still worth multiples of the current MC alone and inject funds along the way, aka the $500 K payment received.

    Plus other JV that are funded and could come up with results.

    Plus their own projects.

    Pretty good risk vs reward from here, and not too long term in nature.

    Milesy
 
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