NKL 4.35% 2.4¢ nickelx limited

mexican gold?, page-7

  1. 1,431 Posts.
    lightbulb Created with Sketch. 52
    re: mexican gold? adesso $5.7 mill in cash, with the Mexico commitment US1m (AUD$1.35m) per year. And they've given up half their nickel rights tenements. NKL is clearly tightening the focus to The Two Ms (Monarch and Mexico) so as to preserve and efficiently use its cash.

    They'll have to look for more money by years' end. To do that they'll have to get some results, get the price up and issue more stock. Right now a 1:2 at 10 cents would raise about $4mill. Not very attractive for the company or shareholders.

    But a good report from the Mexico drilling by the end of March, and off she goes!
 
watchlist Created with Sketch. Add NKL (ASX) to my watchlist
(20min delay)
Last
2.4¢
Change
0.001(4.35%)
Mkt cap ! $2.108M
Open High Low Value Volume
2.4¢ 2.4¢ 2.4¢ $600 25K

Buyers (Bids)

No. Vol. Price($)
1 46790 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 6500 1
View Market Depth
Last trade - 10.33am 21/06/2024 (20 minute delay) ?
NKL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.