$1 to $1.20 will give a market valuation of around $100m which is still relatively cheap. Could be worth $1.50 given it a valuation of only $140m.
Also this is a very advanced nickel and cobalt project. The resource is world class with a 40 year mine life. Lots of permitting completed as well. The ore type is limonite not laterite.
Nickel at 10 year highs and Cobalt spot price is the one to watch
They also raised $12m so lots of cash to progress.
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $13.57M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $6.282K | 57.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13500 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 35000 | 1 |
View Market Depth
| Last trade - 15.21pm 25/07/2025 (20 minute delay) ? |
| NC1 (ASX) Chart |