What are the next steps!As I watch the stock sliding to a new low and the valuation of the company being worth barely $60M CAD, I am trying to think what can and will be done.
Nickel price is very low, and this is based on current production and demand obviously. I see the folks at Giga wondering if Mitsubishi will continue investing in their company, which is one of NKL asset as well.
Nothing really positive here and I would think that we should be on a cash conservation mode currently. No reason to be spending big money on "operational" expenses.
i look forward for the board to make tough decisions and perhaps buy back the stock. We should get some news before the end of this month.
Comments?