Do the math on the 3Es $$$. A little eye watering (providing the extraction costs are good).
- Some of the best Nickel finds in Australia for 20 years
- Battery grade Nickel (unlike Indonesia's stainless steel grades)
- Energy/environment friendly extraction due to the Ni being sulphide
- Plans to mine in 4-5 months (not years or decades)
- Plenty of Lithium near the surface, and we haven't even dug to the levels of the surrounding Lithium mines yet
- Exploration keeps finding more and more, so we have to keep upgrading our resource estimates
- Very few shares on issue, undiluted, and even a baby MC of $1b means $4.00 a share for Widgie - whilst other miners and explorers are printing shares - all their announcements are cleansing notices (click click click dilution), whilst ours are notifications about how much more we've found
I would expect mining and exploration to continue side by side, as the resources continually upgrade. This really is a golden goose, but it's such a blip on the radar that nobody is looking yet. Enjoy the ride, GLTAH.
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Open | High | Low | Value | Volume |
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1 | 218000 | 0.016 |
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Price($) | Vol. | No. |
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