Post by
BSdetector2016 on May 01, 2024 7:46am
Q1 Financials
We won't know what their financial position is until the end of May. Until their burn rate and cash position is known it will be difficult to ascertain the urgency of a new financing. Given this, and the lack of market appetite for nickel anything, a continued slide in SP will occur until there is clarity about their situation. The new resource will be rolled-out with great fanfare but will have the ball and chain of impending dilution weiging it down.