Interesting comments RE buy out a junior or bid for BHPs Nickel Smelter and/or the Kwinana refinery. Both are worn out & require major rebuilds to the tune of 10s of millions of dollars. Sounds like somebody is having a thought bubble just like some of our politicians. As far as hold ups by unions in the construction & mining phases, i think several contractors will bid & unions will not be involved. Underground mining has not had a unionised workforce since around 1990. SIR is progressing on target & hitting ALL of their targets, not like one particular nickel junior that some have high hopes for this year, or maybe next year or maybe the year after that.
SIR Price at posting:
$2.66 Sentiment: Hold Disclosure: Held