Post by
montybissett on Apr 25, 2020 9:43am
7.70 Ca
is the price of nickel. If this mess can lighten up dramatically. I imagine the world will go on another spending spree of infrastructure. If that comes to fruition and mines are shut down for a period, prices might get going. If not the price we see today is a high point. If the Dems can drag weekend with joe over, or should I say their VP over finish line they will really crank up the spending and EV battery business. Hopefully out of gold in a year and out of Nickel in 2. I might have said that before. Dont forget the Grass nickel as it is the icing on the top for WM and the future
glta
Comment by
flashcash on Apr 25, 2020 10:46am
My money is on a buyout of Wally/Bally and a spin out of the nickel assets with plenty of cash to support them, time frame late this year to early next year.
Comment by
YetAnother1 on Apr 25, 2020 5:54pm
I agree about the spin co. The buyer will just want fenelon. The spin co. holds everything else with very little cash. There is a danger that WM shareholders get less because there will be a value attributed to everything else. And imo Everything else is not worth too much
Comment by
flashcash on Apr 26, 2020 12:45am
As part of a spin off deal a large cash percentage can be applied to it, Grasset has a nickel and large gold component to it.