NIS 0.00% 1.6¢ nickelsearch limited

Ann: Transformational Mt Isa Cu U Acquisition, page-26

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  1. 16 Posts.
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    surely a change of company name is in order by now... I must say the "Proven geology to host globally significant Cu, Zn-Ag-Pb, Au & U3O8 deposits" and Mt. Isa 2.0 claims high up in the announcement ring hollow for me, even the most gullible, green around the gills investor would be sceptical of these claims so why include them?

    The $100,000 of free shares to the vendors for a single drill intercept are also ridiculous:

    4,371,966 performance rights vesting and convertible into Shares on a 1 for 1 basis
    upon the announcement by the Company to ASX that it has achieved a drill intercept
    equivalent to 10 meters at 1% copper equivalent, with gold, uranium, base metals and
    other elements of economic interest used to calculate copper equivalent grades

 
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