RE:Reality!Contrarian,
Disagree on the nickel option price. Sherritt was first a turnaround and a deleveraging story. Too bad the nickel/cobalt price did not held up for longer so they could repay all the outstanding debt.
Seems a bit obvious that they did not expect nickel price to plunge that much, otherwise, they would not have paid the 29 interest in cash like they just did. Will be interesting to see what they do in January. Anyway, once the financial risk is removed, we will have some torque on a nickel price upswing.
I still trust Leon to do the correct moves. And he just bought a few shares recently. In the meantime, I keep on adding PNRL with their nickel project scheduled for production in 2026.
GLTA