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5.56% 3.8¢ alliance nickel limited

can some please explain, page-2

  1. PTFE
    482 Posts.
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    30/10/08
    15:28
    Post #: 4448880
    Main reasons are:-

    Nickel prices down 80% from high of USD 51,600.

    Capital markets have dried up so even if nickel price was better they still would have trouble raising the 1/2 billion? they need to develop heap leach project.

    GME Price at posting: 4.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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