RE: HUGE LTH Positions holding strong and adding10 Feb 2022 19:38
It all depends on exactly what they're selling at this stage trytosmile. There appears to be a clear wait for the NKT and NYUD CPR's and JORC's, whether that's because they're also being sold, or, whether we're going to take them straight into production after the original MT is sold, remains to be seen. All we can do is patiently wait it out, but, the demand for Nickel assets right now is through the roof, so, the chances of them receiving offers that they simply can't refuse are very high at this point in time.
We'll see shortly i would think, EUA V.2.0 is ready to go, Petrofac now being there is a sure sign of that imho.
I hope Eurasia keep a couple of assets for themselves, but, even if they JORC all other areas in the Rosgeo JV, as that takes place there will be buyers knocking on the door for the Nickel and Copper assets, so, there is the chance that the entire lot may get sold over various stages as JORC's get done. Possibly via ROFR agreements, or, simply through buyer demand offering very high prices that the BOD simply can't refuse!
GLA