Predominantly nickel explorer with a BHPB connection.
- Outstanding Shares 47.1M
- Market Cap$12.7M
- Cash on hand$4.5M
- Substantial Shareholders – Minotaur Resources Investments Pty Ltd 18.9% – Consolidated Nickel Pty Ltd 17.3%
Although LME stocks are peaking and the PON has come off (so probably not right yet) this company has a large amount of exploration area with involvement in 17 joint ventures.A low volume stock with a bit of a snail appeal to them and seemingly in no hurry to prove up any of their high possibility targets.Next year sees drill activity and Silver Swan North at present.The company could be a dud but with BHPB involved i think they may go somewhere.
A recent power-point presentation on the 14 of November is for further research. (`cause ya gotta do your own )