Stock price when the opinion was issued
Very strong company that continues to own. Suggest that nickel deposits are Tier 1 quality. Low nickel prices are not a concern as new mine won't produce for a few years. Not a good stock for impatient investors. However, over 10 year time frame - could be a "10 bagger".
Exploring a Brazil deposit that has the potential to become Tier 1 nickel-platinum-palladium. Stock's done poorly lately, and that's why he likes it. Cheap, relative to its upside. Attracted to size of deposit. Not for those risk-averse. (Price target in Australian dollars.) No dividend.
(Analysts’ price target is $1.67)