>no debt and a $50 million market cap.
No debt!?! They only just came out of voluntary administration. The AGM presentation states the debt is $120M.
Fully diluted the market cap is 680m shares.
>A very sound company
Its certainly heading in the right direction...the hiring of Dave Round was pure genius.
Definately one to watch.
cashflow positive nickel producer $50m m/c , page-2
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