Nickel worth £bs13 Jan 2022 07:16
The Nickel alone EUA have is worth billions of dollars. The recent purchase by Tesla of 75k tons for $1.5b just can’t be ignored. Even if you halved that Figure owing to the limited time you can mine it each year EUA would still be valued at over $3b. Given that’s the nickel just for one area and there are numerous other metals in the ground, my mind boggles at what the BODs might think MT+Flanks and WK are worth. Christian will surely want to retire with a healthy reward and DS will want significant funding for his other project involving blockchain technology and the future international market for PGMs.
Unless they took EUA private I can’t see an asset sale being for less than say $5b - and that would be incredibly reasonable. 80% of that paid out and we’re looking at £1 per share. Can’t quite believe it but it’s starting to look really possible.
Someone is working consistently hard to hold the sp down and I can only assume it’s a major player who can control mms. Accumulation is the only answer but it’s been going on for years now. Could BR have come in, forward sold out shorted the stock and then decided to go long once the sp hit 15p and ever since then they’ve been in cahoots with one of the mms to gather stock??
I’ve no idea what’s really going on but the sp spent makes sense at the moment if one believes everything in the RNSs. Come on Dimitry, James and Christian, it’s way overdue you let the big cat out the bag and tell us what’s going on. A specific reference to the asset sale in an RNS would also reassure lths that that is indeed still one of the main strategies. You’ve talked of several strategies over the last two years so when you refer simply to ‘our strategic options’ no one has a clue which one you’re talking about: EUA2, going it alone or that much talked about asset sale and a ‘significant’ dividend.
We’ve had ‘shortly’, we’ve had due diligence successfully completed, we’ve had JORC updates’ almost complete’, ‘credible party’ , ‘substantially all of the assets’, ‘massive dividend’ from the Nomad… etc etc.
It is time to complete the picture and inform lths what is going to happen please.