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The latest update is out from Pacific Nickel Mines Limited ( (AU:PNM) ).
Pacific Nickel Mines Limited has requested an extension to the voluntary suspension of its securities on the ASX as it continues discussions with Glencore International AG regarding funding for the Kolosori Nickel Project. This extension is necessary to prevent uninformed trading and is critical to the company’s financial viability, with the resolution of these discussions being essential for its ongoing liquidity and working capital.
More about Pacific Nickel Mines Limited
Pacific Nickel Mines Limited operates in the mining industry, focusing on nickel extraction. The company is engaged in the Kolosori Nickel Project, which is a crucial part of its operations.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €6.09M
See more insights into PNM stock on TipRanks’ Stock Analysis page.