SMX - Strata Minerals

[System]

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.

https://www.nickelx.com

 

[Dona Ferentes]

Listing date	23 April 2021 #
Company contact details	https://www.nickelxlimited.com/ Ph: (08) 9322 7600
Principal Activities	Mineral exploration and development
GICS industry group	TBA
Issue Price	$0.20
Issue Type	Ordinary Fully Paid Shares
Security code	NKL
Capital to be Raised	$5,000,000
Expected offer close date	9 April 2021
Underwriter	Not underwritten. CPS Capital Group Pty Ltd (Lead Manager)

 

[Dona Ferentes]

opened on Friday at 20c but drifted ... ended Day One at 19c

 

[Dona Ferentes]

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

 

[peter2]

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.

 

[Dona Ferentes]

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)

 

[frugal.rock]

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).

 

[frugal.rock]

Chart update only

 

[System]

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