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This week’s AWI - Mitsubishi Is Showing Interest in This Nickel Junior.
Giga Metals and Mitsubishi Corporation agree to establish a JV to develop the Turnagain nickel project!
Fundamental Research analysts’ opinion: Attracting a major is a significant milestone for any junior. MC can acquire a 15% interest in the project for $8M in cash, valuing Giga’s 85% interest at $45M. Giga is trading at just $28M, implying a 38% discount. A PFS is expected in 2023.
Read the full report here researchfrc.com
Coverage on Giga Metals - you can find more research reports and fair value on Giga metals
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*Past performance is not indicative of future results
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