I don't like giving SP predictions as you don't know what's around the corner, however I am confident that the SP will pass $2 once we double production with the Angel nickel project.
I am confident we will pay off debt in a timely manner, they have a good track record for this and 4-5c dividends will also be on the cards when we double production.
In that time surely the hpal plants will be in operation and that should open a few more doors for us like feeding them lemonite ore and maybe even an equity stake. This could only be a positive influence for the SP and who knows, could be well north $2.
Personally this stock is a good long term hold for me and I'm going to be patient with this one.
Ann: Acquisition of a further 20% interest in Angel Nickel, page-10
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Last
80.5¢ |
Change
0.020(2.55%) |
Mkt cap ! $3.450B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.8¢ | 80.0¢ | $4.999M | 6.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 61763 | 80.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 166666 | 3 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |