Ann: Strategy Update, page-72

Been a little bit since I posted. Don't wanna bring in any bad juju. SP has been stella lately. Up 45% from the 24th Feb to today. 5th of April also saw highest volume in 7 or 8 months (ASX. Can't be arsed checking including Chi-x)

I would love to see it build some support at this level but if it keeps running I won't complain.

Nickel is holding strong around $33k on the LME. Excellent news for us. Loved this little tidbit from the Update:

"Current LME spot price for nickel at US$32,750/t (or US$14.86/lb) and cobalt at US$81,340/t (or US$36.90/lb) as at 1 April 2022 (market close/bid price). This compares to the previous June 2019 BFS average price assumption of US$19,842/t (or $9.00/lb) for nickel
and US$66,139/t (or US$30.00/lb) for cobalt, including sulphate premium and an AUD/USD exchange rate of 0.71 (ASX: 13 June 2019)."

The commodity price is strong. Demand is strong. Supply is low. Financials look excellent. Now we just need financing. Here's hoping to a speedy announcement of full funding.

I know people keep wondering about a CR. Like I've said previously. They should be fine till the deadline. Having a CR beforehand would be disappointing. I hope for a positive full funding announcement and a strategic investment in the company. This will give them working capital and will be received much better than a plain old CR.

Time will tell.