Post by
montybissett on Aug 30, 2019 4:47pm
https://www.wsj.com/articles/nickel-prices-soar-as-indonesia
Being 1/2 pregnant @ Grass and Mart and mgt with 0 creds makes it tough going. Now just finished having sex in another area Fene we need to be patient. Investors thinking G @ M drilled out, and that is all we have there when nothing could be further from the truth. If we can believe EV nickel with a premium we are now in the 13.00 Ca range. Back 4 years ago when we released Grass MRE we were 4.75 with no talk of EV premium. We need a triple at Fene and WM to hit a triple to get share price up to raise money. Lot to ask for but that is how big a hole we have dug for ourselves. We will basically have 3 areas with huge potential with 150 m shares out. We need to get share price in 40 to 50 range to raise flow thru money for drilling.
I'm down 425 G now on BAR with SBB and FR getting me closer to even than I have been in a long time. Have been buying tomato soup in the can and adding 2 cans of water. Might splurge this weekend and just add 1 can water.
GLTA
Comment by
Chaulkdust on Sep 03, 2019 10:58am
I especially liked this statement. "Indonesia now only allows miners to export low-grade nickel." WHick makes EV grade Nickel Sulphide even more scarce.