Now with the raising behind us, I think it's worth reprising last week's Announcement which sadly, amid all the breathless fear-mongery, went pretty much unnoticed.
Astonishing really, because as Bluebird observes above, this cobalt sweetener adds considerable value to Quicksilver - not only for its potential worth in outright dollar terms, but also for the added flexibility it offers to the mine startup, and as a separate product stream in the multi-element mix.
Mind you, G88 is priced virtually at cash/shell-value, which means little or no value is ascribed to any of:
- Quicksilver (established Ni-Co-Magnetite Resource) - Cardinia (exciting KIN JV'd VHMS ground) - Yuinmery (massive gold-in-soil anomaly next door to Rox' Youanmi Project) - Yarrambee (highly prospective for Ni-Cu-PGE mineralisation)
So everything priced for abject failure - despite a strong portfolio of assets, and a highly competent (and results-delivering) management team:
G88 Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
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