WIN 8.00% 2.3¢ widgie nickel limited

Nothing would surprise me after this year. A raise seems like a...

  1. 2,153 Posts.
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    Nothing would surprise me after this year. A raise seems like a more logical pathway to start mining nickel than to sell the DSO atm.

    The Lithium price is showing signs of having bottomed now though thankfully so who knows in a few months time.

    I'd guess that management's plan for the moment with nickel prices also in the toilet is to keep drilling the crap out of it and finding more rather than try and expediate the process of becoming Mine ready. Honestly that is probably the right play too even if it does mean further dilution for shareholders. It will ultimately end up being the better thing in the long run knowing for well that no one likes dilution ..... Especially at All time lows but thats usually when it happens isn't it. Plans are made... Plans fall through, instos want their pound of flesh to run or underwrite the raise.... retail get shafted.




 
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