4 years later and we finally get an announcement about Nimbus. Should have been done long ago, with a capital raise at 13c with funds to drill it out the past few years and really advance it to one of Australia’s premier silver assets. Instead, we are well behind and work will not get going until early 2025. Just gives us more confidence to vote these people out for treating shareholders so poorly in recent times.
Clearly they are trying their best to keep their jobs with this increased newsflow of the past few months. Too little too late Imo. The share price still can’t break out from 4c even with all this talk of gold production and silver assets in a gold and silver boom. The market is still angry and uncertain with management. However all this changes with a new and updated management team. I expect a solid re rate to 10c plus when this takes place Imo.
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- Ann: Nimbus Zinc Silver Project Update
4 years later and we finally get an announcement about Nimbus....
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