Looking to buy in1 Sep 2020 07:56
here for LT hold. Been watching this stock for a couple of years now and the constant dilution put me off. That all changed when AH came on board and signed this new deal with NRR.
Is it just me, or does anyone else think Glenmore are giving Amur a helping hand to get things going and will eventually make a JV bid for the nickel mine?
From the figures AH released, I think Amur could make enough money from NRR to bring the mine in to production regardless, albeit would still need to secure funding.
Glenmore are bound to have interest and by helping them get a foot up on the ladder, may benefit them down the line.
Keen to hear anyone else's thoughts?