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delerious1

08/22/24 10:07 PM

#69205 RE: Jack_Herer #69204

So you know better than the company? Second guessing is easy
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hardlesson

08/22/24 11:47 PM

#69210 RE: Jack_Herer #69204

I did know that, I posted a chart earlier showing where Nickel was, and is now. One thing I'm finding is that the Nickel in Indonesia is Grade 2, requiring more processing?

Whereas some Nickel resources in Australia are a higher quality, more desirable for Battery Metals. (Automotive) Is that true, is quality a consideration?

If not, then there has to be a reason the Sheik is pursuing Nickel, and Copper in Australia. I'd bet though, he has no plans to compete with the likes of BHP. As they're (Hiru) admittedly going to be a "small " holding company, conglomerate. Which even at 150M in assets here, we're way undervalued, imo.

Interesting you mentioned BHP, I was reading about them earlier, and this article a couple days ago.

https://www.news.com.au/finance/business/mining/bhp-in-discussions-with-indonesian-government-on-nickel-reports/news-story/55f8604e45f82cf27372be09351e04d2

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No crystal ball here either, but we both have tickets to an interesting show, imo.