That's it, I'm now convinced that at least one very significant announcement is coming this month.
I've been trying to figure out the reason for all the accumulation by the instos, the accelerated pace of this accumulation lately, and now this SPP at a discount of vwap. This move just screams confidence all over it.
It's true the cobalt story seems to have hit a snag lately, but look at nickel. The Indonesians have lifted their ban on exports. Some see this as bad news, I see it as good news. It means people in the sector know that nickel is on the up.
And looking at our resource composition, a twitch in the price of nickel would have the same effect as a leap in the price of cobalt!
I will buy more on the dips for sure!
Ann: Share Purchase Plan, page-8
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