Yeah - its nice when a plan comes together isn't it? It took a while, but we finally got more exploration success from SGQ and the market couldn't ignore these sulphide drill intercepts any longer and hence the late and sudden re-rate, one of my better Ni performers now, starting to catch up with all the gold and base metal successes that have been coming in this year.
Interesting background material on BHP-Billiton's indecision about their NiWest division, I had heard on the grapevine that some in BHP wanted it gone, and others wanted to keep it but it didn't fit into their moronic 4 pillar (Iron Ore, Petrolueum, Copper & Coal strategy), apparently some thought the future NiWest was so s#@t that they didn't even want to spin it off as part of the S32 divestment! As a S32 shareholder I wish they had spun it off into S32 - imagine how well S32 would have gone with Ni in the portfolio?
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