GREY:RNKLF - Post by User
Post by
honkytonkgirl1on Oct 03, 2018 2:29am
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Post# 28735074
"strategic alternatives"
"strategic alternatives"
Possibly Royal Nickel management are already thinking about a spin off of Beta Hunt and turn it into a newco. This would be benefitial to current shareholders and the oldco would instantly become extremely well-funded to acquire more properties and spend moneys on their properties.
A recent news release is imo indicative of what the future may have in store as Royal Nickel states that that it will be "sharpening its focus to advance the Dumont Nickel-Cobalt development project, the largest undeveloped nickel and cobalt reserve in the world, by initiating a strategic alternatives process for its 100%-owned Beta Hunt gold and nickel mine located in Western Australia."
"strategic alternatives"......
hmmmm...
Holding with confidence,
Honkytonkgirl