Im convinced that management are actually doing things very well in a considered and purposeful way. With the Ni futures market imploding off the back of LME debacle last year and still not resolved, EV materials ingredients & supply being questioned more and more, its a good idea to delay things (in general) a bit until the uncertainty surrounding the base market is resolved.
Then and only then do we advance full steam ahead, as we will be well and truely ready to take advantage of improved conditions surround the underlying commodity.
As stated by some others in here lately, the machinations of futures contracts and what they represent is very much in question at the moment , so caution is my preferred stance until it's sorted, otherwise pricing of our product could very well be taken advantage of in the interim.
Delays are part and parcel of ALL materials stocks, Id rather we be 100% sure what we are presenting to the market than go half baked just to make a deadline for that one purpose alone.
Right now we need to be cautious as to the market we may be participating in when producing.
IMO DYOR
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Open | High | Low | Value | Volume |
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3 | 23257 | 0.425 |
5 | 168790 | 0.420 |
1 | 100000 | 0.415 |
4 | 121317 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 6802 | 1 |
0.460 | 54407 | 2 |
0.465 | 25000 | 2 |
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