I believe something is definately 'afoot'. Brokers positioning themselves??
Remember the Mt Thirsty project will be the driving force for BAR. They have a 50% stake with FIS holding the other 50%. A possible combination of the two entities would make sense or something from left field such as a takeover... The more I consider this project and consider the landscape 5 years down the road - anything is possible....has anyone considered BHP and their Ravensthorpe Nickel/Cobalt plant and associated infrastructure to the south??
Mt Thirsty has the potential to be a company maker IMO. However I would dearly love to see some metalurgy results around the cobalt recovery. If these are strong/positive then they have something to really market...might even raise the eyes of BHP!!
BAR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held