Hi Loop.
I've always been a lithium/battery man, so I don't know much about drilling or nickel.
WIN did say in their recent ann the quality of the drilling results surpassed their expectations. We should find out in March. Hopefully, this latest drilling expedition will expand our nickel resource base & give our MC a lift in the meantime. I believe WIN had a total of 40 unidentified targets they were interested in drilling.
All I know is looking at our peers, in the hundreds of millions MC, WIN looks undervalued to me.
1. 162k ton resource.
2. $25 million cash on hand.
3. Aiming for production in 2023.
4. Some nickel deposits are straightforward to access. It requires little to no investment, WIN could move quick.
5. Spun out of NMT = Excellent management
NMT has the Midas touch.
Australian Nickel Conference 2021 - Widgie Nickel Ltd - YouTube
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Widgie Nickel LTD, page-276
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