Problem with these types of companies is that the project is just too big for a small cap to pull off.
In theory it all stacks up but in the end it never happens. Shame, nickel is the right idea and the deposit is good. Location is meh obviously but the scale is just too big.
A rebounding nickel price will bring the SP up and allow for a more palatable exit if that is your desire.
Ann: Half Yearly Report and Accounts, page-6
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.41M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $120.0K | 800.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99997 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 60760 | 1 |
View Market Depth
| Last trade - 12.31pm 24/05/2024 (20 minute delay) ? |
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Last
14.5¢ |
Change
0.000 ( 2.82 %) |
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| Open | High | Low | Volume | ||
| 15.0¢ | 15.0¢ | 14.5¢ | 45986 | ||
| Last updated 11.09am 24/05/2024 ? | |||||
| NC1 (ASX) Chart |