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Re: Pennies_Envy post# 69122

Thursday, 08/22/2024 2:12:32 PM

Thursday, August 22, 2024 2:12:32 PM

Post# of 88783
I don't know what he'll say, but he has already stated that it won't be a good choice if it's a mine under "care and maintenance" which is the case with Avebury. He also stated he hopes it's not Nickel, I believe because of the flood of Indonesian lower grade Nickel that has flooded the market and shuddered other Nickel mines.

So if that's the case, he won't be impressed. Although he might surprise us and give us a more positive outlook for some reason.

That aside, for some reason the Sheik sees it as an opportunity. Possible he sees an eventual return in Nickel price, or he already is way ahead and is looking for offtake agreements at some point. You never know, but the Sheik has his money on the table, so let's see what more we learn that we don't know.

No doubt he'll (Jack) chime in later today, or technically tomorrow morning, since he's apparently in Australia right now, or somewhere across the planet. imo, from his "mate" comment yesterday.
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