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SMX - Strata Minerals

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NickelX Limited has recently entered into acquisition agreements pursuant to which it will, subject to a number of conditions, acquire the Biranup Project and the Ponton Project, which comprise seven prospective Tenements (six granted and one pending application) that the Company considers to be prospective for nickel and gold mineralisation.

The Projects are located in the Albany-Fraser Orogen (AFO), Western Australia and cover a total of 382 Km².

It is anticipated that NKL will list on the ASX during April 2021.

 
Listing date23 April 2021 #
Company contact detailshttps://www.nickelxlimited.com/
Ph: (08) 9322 7600
Principal ActivitiesMineral exploration and development
GICS industry groupTBA
Issue Price$0.20
Issue TypeOrdinary Fully Paid Shares
Security codeNKL
Capital to be Raised$5,000,000
Expected offer close date9 April 2021
UnderwriterNot underwritten. CPS Capital Group Pty Ltd (Lead Manager)
 
Not really the right direction for a 20c a share IPO; now 15c

Nickel X is committed to investing the funds in the ground and backing our exploration team’s values, concepts, plans and drilling programs
• We have assembled a very high quality and experienced exploration team at the board, management and contractor level
• Fire Dragon & Silver Dragon are walk-up nickel-copper drill targets, infill & step-out drilling programs will commence after IPO
• The ~18 additional targets are under review including processing, filtering, & modelling of data followed by EM surveys after IPO


Screenshot_20210512-183748~2.png
 
An opportunistic grab for exploration capital in a hot commodity is backed by drone footage of scrub with uplifting, full symphonic sound.

I wish the investors, speculators, err. gamblers all the best.
 
An opportunistic grab for exploration capital in a hot commodity is backed by drone footage of scrub with uplifting, full symphonic sound.
I just look at the maps. Let the bit do the talking

(DNH)
 
Might be worth a FA dig with Nickel prices soaring ?

Chart not screaming anything in particular to me, although the recent two higher volume bars are a bit anomolous (failed breakout).

Screenshot_20220302-225450.png
 
On September 20th, 2024, NickelX Limited (NKL) changed its name and ASX code to Strata Minerals Limited (SMX).
 
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