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Takeovers Panel - Nido Petroleum, page-164

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Champee

7,841 Posts.

417

06/11/17

19:37

Post #: 28549161
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Originally posted by spid81 ↑

Good morning Champee,

CR in AX, you did call it,
I was planning on selling 50% to pay for the SPP this morning,

I might wait a week or two, Reasons
AX are expecting the mining license this week,
AX are also expecting to hear the results from the potential customer who is testing the Leigh Creek Magnesite in the coming weeks (26th Oct QTR)
and we are expecting to hear the results from the Metallurgical tests
"During the Quarter metallurgical test work was commenced on a sample of Ketchowla mineralisation to determine the recoverability of each of the minerals and to start the design of the process flow sheet. This metallurgical test work is ongoing and the results will be reported as and when they become available."

All of these should have a positive impact on the SP.

What is your plan of action ?

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Down and out with rubies yesterday, today alive with graphite who would have believed it.
https://unauthorised investment adv...leeding-share-price-maiden-graphite-resource/

Champee
PS-I am still holding AX I feel good about it for now.
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