Widgie Nickel LTD, page-484

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ProCapitalism

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15/08/22

14:19

Post #: 63120521
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Originally posted by ProCapitalism: ↑

"Share price seems like it’s linked to nothing"

A nickel company has to mine nickel before any significant, long term, up trend in the SP department is achieved. The air came out of growth stocks when central banks around the world started lifting interest rates, WIN isn't immune to macro. Sporadic anns isn't helping the situation & Covid, supply chain problems & a backlog at the labs have thrown a spanner in the works for a lot of ASX listed entities. There are probably NMT holders still offloading their freebies as well, kicking themselves they didn't sell at 65 cents

"Sellers are happy to walk away with looses to place there money elsewhere"

If buying high & selling low suits their investment strategy, then good luck to them. I prefer it the other way around, but that's just me.

Don't forget that WIN is also looking at options for the downstream processing of nickel. That will also take time to come to fruition, this is a marathon, not a sprint.

WIDGIE NICKEL LIMITED (ASX:WIN) - Ann: 2022 RIU Sydney Resources Round Up Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

"just manipulated crap"

If it's being manipulated, then someone is desperate to get in & as cheap as possible, that's a good thing in my eyes. Whoever wants in doesn't want to be a sucker & pay a premium. They want in on the ground floor, that's just smart investing.

"Iwill give this dog another few months before moving on to give my money an actual chance."Yep, the grass is always greener. The investment strategies & timelines differ from one investor to another. It's understandable, we're all at different life stages with different goals & no one is getting any younger. But, if you did that, I feel you'll be back next year picking your jaw up off the ground, when you notice where the SP is trading. WIN has 250 million SOI, a $1 SP would equate to a MC of $250 million. Have a look at the MC of other ASX listed nickel miners to gauge a rough understanding of the upside potential here.

This is a long-term hold for me, as long as WIN hits production, I plan to park my money here for 5 - 10 years.

If you jump ship, all the best with your future investments.

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WIDGIE NICKEL LIMITED (ASX:WIN) - Ann: Australian Nickel Conference Presentation, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

WIN Price at posting: 32.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $10.95M

Open	High	Low	Value	Volume
2.3¢	2.4¢	2.3¢	$17.64K	763.9K

Buyers (Bids)

No.	Vol.	Price($)
1	32000	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.4¢	29134	1

View Market Depth

No.	Vol.	Price($)
1	32000	0.023
8	575593	0.022
5	648500	0.021
6	650545	0.020
5	551500	0.019

Price($)	Vol.	No.
0.024	29134	1
0.025	407864	3
0.026	491000	2
0.027	70000	1
0.028	1000000	1

Last trade - 15.37pm 11/11/2024 (20 minute delay)

WIN (ASX) Chart

Widgie Nickel LTD, page-484

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Widgie Nickel LTD, page-484

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