Do not like gap up from day before.
Expect a retest first
The Licence permit and DFS are very important de-risking milestones.
I cannot see much share price appreciation without these two awarded
Mkt cap is already at £165m, which is quite higher at this stage of the project
i like the low capex costs though
"As battery-grade nickel demand continues to grow, battery and auto companies cannot just ignore (criticism) that 'Indonesian nickel is not green enough' when most of the future growth is going to come from Indonesia," she said.
EV is not solution to be greener or climate change . There is another agenda here .
i do not know , maybe it is peak oil . Mining the world resources for battery metals in not the answer .
BigB,
"Ball park figures - About 39 million warrants left - set to expire by July 2023 - worth about upwards of £6 million to the company."
Thanks for that...thats good to know now
No way interesting..just family stuff
For me PTAL will remain on my monitor, and will become one to buy at some point
Big,
thanks for the update earlier, been busy elsewhere.
So how many warrants still need to be exercised, i cannot see an expiry for these in the RNS.
These are a drain on the share price as well as the issues with oil production/routing
Nickel's electric dreams turn into a pricing nightmare
https://www.bnnbloomberg.ca/lme-nickel-to-trade-in-asian-hours-for-first-time-since-crisis-1.1887440
Bloomberg) -- The London Metal Exchange will reopen nickel trading during Asian trading hours from March 20, in what is likely to provide an important liquidity boost for the market that has struggled to recover after last year’s crisis
LONDON, Feb 22 (Reuters) - CME Group plans to launch a nickel contract, settled with prices gathered from a platform to be launched by UK-based Global Commodities Holdings (GCH), which could eventually compete with the London Metal Exchange, three sources with knowledge said.
For years, LME nickel prices were used as a global reference by producers and consumers using the metal as an ingredient for the stainless steel and electric vehicle battery industries.
A few new articles here of interest
https://www.thehindubusinessline.com/markets/commodities/cobalt-prices-plunge-as-ev-makers-turn-to-nickel-based-batteries/article66513785.ece
It must be due to the significant drop in coal prices
FlavourS,
You are spot on there.
Oil prices forecast to be closer to $100 by end of year
So BigBB
What is the timeline for these events ?
It is astounding how many millions have been raised to do 2D/3D seismics and to just get a rig .
It is not rocket science to do that a drill , yet this management have drawn it out as it is an almost impossible process.
Total inept and mismanagement at the highest level.
Total con going on here to line their pockets .
If it all comes up to be a dud drill , then do not be surprised .