If anyone wants an insight into what a uranium strike would do for NKL, just have a look at I88. It has a similar capital structure to NKL (LOW SOI) & has exploded higher on soil samples alone. It's currently in a TH for more results on Portland Creek, Canada.
INFINI RESOURCES LIMITED (ASX:I88) - Ann: Stunning High Grade Uranium Soil Results at Portland Creek, 74541399, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
INFINI RESOURCES LIMITED (ASX:I88) - Ann: Trading Halt, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Something similar could happen with NKL if they hit something decent. Matt may have saved this company from oblivion, because the nickel market is currently on life support.
NICKELX LIMITED (ASX:NKL) - Ann: Elliot Lake Uranium Project Expanded, Exploration Commenced, 74326629, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
NickelX expands Elliot Lake uranium project as exploration starts - *
NickelX appoints new MD to oversee uranium exploration - *
Jonathan Downes topped up recently.
NICKELX LIMITED (ASX:NKL) - Ann: Change of Director's Interest Notice, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
The uranium market is hot at the moment.
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