Its irony really that Good News become Bad News. When Unemployment decreases
meant a Strong Economy but Markets are weary of the FED increasing interest rates
75 basis points again.
Its nice that Coal is going down and NPI might just recover as well.
From last announcement
"Whilst the Company’s RKEF operations have benefited from a decrease in cash costs per tonne of nickel
produced from the June quarter, as well as seen increased production from the continued ramp-up of the ANI
RKEF lines post the commissioning of the ANI power plant, these factors have not been sufficient to offset
the falling NPI price."
This means Cash cost per tonne will even reduce this Quarter with hoping improving NPI Prices.
Put it this way, This would make Sept Quarter the Lowest EBITDA ever and there should be
big improvement this Dec Quarter with ONI going Online.
P.s Can you send latest NPI pricing. Thanks CCD
NIC - Chart Thread, page-278
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Last
94.5¢ |
Change
0.015(1.61%) |
Mkt cap ! $4.053B | |||
| Open | High | Low | Value | Volume |
| 93.5¢ | 94.8¢ | 92.8¢ | $3.804M | 4.048M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 51 | 94.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 13181 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| NIC (ASX) Chart |