All, following this stock for quite sometime now. I can see the potential but couldn't convince myself why i should invest here.
Company has great assets which they have started proving.Keveri which is 100% owned has produced good grades of nickel.Farm in with a giant like Vale.All good but somehow the SP is drifting down and might reach its lowest of 5.5 or even lower. I understand we live in a world where instant gratification is the norm but this stock has gone from a high of $1.50 at the peak of GFC to where it is today and may go further down. This is worrying me the most - Management of the company.
Looking forward to some solid reasons why we are looking at as someone said "the next market darling"
GMX Price at posting:
6.0¢ Sentiment: Buy Disclosure: Not Held