NIA niagara mining limited

twiggy will run this one soon, page-33

  1. 667 Posts.
    Cashed Up Bogun,

    I done some maths for you

    (1mt) you mentioned will make 6,400t of Nikel

    It will cost $186mil to leach and sell

    6,400t of Nickel sells for $200mil at todays price.

    so your looking at making $14mil for every one of your 1mt which will take how long to do?

    This is crap income for a company with a market cap of $1/4 billion

    If nickel kept going up how they thought when twiggy got on board than you would have made a possible $114mil and then would have been good, and then this stock would have been worth todays prices.
 
watchlist Created with Sketch. Add NIA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.