Post by
mrmomo on Oct 28, 2020 4:24pm
Updated Pea.....Finally!
As expected, they finally released the updated assessment, which imo should have been done long ago.Though i'm not currently holding any positions in Giga atm, those that are should find this interesting. Going forward, i expect some news on the financing front soon, as mentioned in my posts a few weeks ago. The stock should be fairly range bound until financing details are released & known.
Replace * with h to acess link below
*ttps://www.gigametals.com/news/giga-metals-corporation-announces-results-of-a-comprehensive-preliminary-economic-assessment-pea-for-the-production-of-high/
Good luck to all........
Comment by
Oenophile on Oct 28, 2020 5:29pm
Nobody is financing this anytime soon, the economics are terrible. IRR is 6.3% at base case $7.50 USD nickel. I don't think I've ever seen a worse economic assessment.