Your exactly right there COB most people who keep spruiking this as the next big nickel company are not looking at the whole picture, instead they're focusing on Andrew Forrest as the chairman and thinking he is going to turn this into another FMG. I myself bought into the company on the recommendation of the Geo, but I am finding that he like the rest of the management team and the resource are simply not good world class and that is why there is pressure on the shareprice now.
I am not waiting around to see if this is going to be Australia's next nickel miner. I am selling down my holdings and just thanking my lucky stars I didn't lose money on my investment. Too many times people invest in companys because who's in the management team but I now know that it's the resource that makes a company not the management team!
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Open | High | Low | Value | Volume |
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39 | 67152490 | 0.002 |
18 | 35412754 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 28970868 | 19 |
0.006 | 8516341 | 10 |
0.007 | 1668099 | 8 |
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