NICKEL NEWS, page-755

PADLEY PODCAST SUMMARY-

Padley very agro & peeved with PH/POS, had a go at PH due to NP rise of 50% yet POS SP lowered. CRAP.
Padley publicly released this to Padley army.
$9M CR funds to FID 2nd Q 2023 delays, CRAP.
why delays, drillers & assays blown out, blames consultants & geo losses, CRAP.
BFS - late frustrating but blames market & experts, "dog ate our homework", CRAP MATE!
Met results are a BREAKTHROUGH- cracked the code, dirty conc now resolved, low MgO now, blend LG UG tailings/regrind mill WOW.
Indicative nonbinding offtake terms received, competitive bidding for offtake, payability is now high 70%, more NP going to the miner now, max payability due to lower impurity, WOW.
NAILING OFFTAKE agreements - next round firm offers, shortlist 1-2 groups, final deal, project financing, Trafigura is an option for POS (cf PAN $45M), best deal for LTH looked at (like offtake finalising in months for 25 months now since 2020 AGM) MORE CRAP.

open pit drilling now underway already, takes 8 weeks for assays now
SPP recomended to take up, confident SPP heavily oversubscribed at 11.0c, 14k retail LTHs here
cheap raising, intermediate funding, not what he was expecting, CRAP
"NP gone up 50% and LTHs missing out on raised NP due to your delay" says Padely, SPOT ON.
NP needs to be north of 10.00 to support R&D/capex, stronger for longer DERR
nothing really changed other than the timetable. CRAP.
Its "DOABLE"

cheap entry into a large operation, asset base large, lots of upside for LTHs.
PH buying in!
PH says "Im committed, I am not retiring and will see this thing through to restart" CRAP
He thinks POS here & PAN are a great buy at 20c. SPOT ON.

assess facts & he says 95% of social media is "utter rubbish" CRAP.

Seems Padley is putting the hard word on the godfather. I want my MONEY!
His many bad emails are piling up, dissing social media not a good look.
Im surprised PH isnt hiding in the basement.

so much CRAP so little SP support. Its stuck in mud & now even more so.

Hear Hear Padley, show us the money!