AXN 0.00% 3.6¢ alliance nickel limited

annual report out

  1. 292 Posts.
    Finally some great news today. In a technical analysis point if view this should go back to 80cents, but from a fundamental analysis it should be a lot more. It has been stagnant for a while now, lets hope that the current positive sentiment on Ni prices and the potential of Heap Leaching will find its way to a greater recognition from brokers.

    Future definite announcement that may help with the sp (which can happen anytime):

    -Progress of Cawse
    -New upgrade in resources

    One quote that quiet interest me on the chairman's comments is this quote:

    "Your Company is well placed strategically in not having any tie up with other major miners and, in
    particular, nickel producers. Consequently, the opportunity to evaluate proposals as to the ultimate
    development of the Company’s NiWest Nickel Laterite Heap Leach Project is open and not
    restricted".

    If this is purposly (questionable) done then we might see potential partners coming in the front line.

    GL all, Still cheap IMO I hope this is the beginning of a recovery.
 
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