The share price indicates that this company is in trouble. Its valued below assets. It would cost at least 1.5 billion to create a plant like this and yet the market cap is 900million in market with a good nickel price.
It would seem Glencore are too stubborn to make the moves and merg with gme and obtain better feed for the plant.
They probably are dreaming thinking nickel will go past 30000 a ton again.
running out of resource, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)