Imagine you are PH, Twiggy and his cronies have buggered off in search of better investments (green hydrogen). Then we've got China frigging around with Big Shot trying to manipulate, if we cap raised to build a plant only to sell to them it would be a bad idea imo. So in trying to create value for shareholders looks like we've looked inward to other players in Australia to secure some sort of future for our needs going forward with PBT.
On the other side we have nearly impossible conditions in Australia right now to get things done easily regarding building costs and availability of labor.
I'm sure if Tesla or VW came along and said heres an order for 1 billion worth of nickel then we'd have probably heard about it.
Tesla has approached some other companies and offered to buy basically unlimited supplies of their nickel so as PH has already said we can just sell our ore to BHP without anydramas whatsoever.
Of course doing that is also not the absolute best result for us shareholders if we goto the effort of finding the good stuff then we don't want to just give it away cheap to BHP.
Unfortunately we will not be first in line to get Labor for our projects but eventually it will be our turn and once we get going the juggernaut will be hard to stop imo. Also on the less fortunate side we have a long period of sitting on our hands and waiting like I have done trying to build my house the last 2.5 years and I got in early.
POS is either going to 3 cents slowly like it did 10 years ago or its going somewhere else, up. My vote is still for the latter the long silence only makes me more confident, meaningless ANNs in between would only make me more doubtful of the companies integrity long term. Bullish moving forward as always. GLTALTH interesting EOY coming up as things progress behind scenes.
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