NIC 1.66% 92.0¢ nickel industries limited

Catching the falling Nickel price, page-6

  1. 4,173 Posts.
    lightbulb Created with Sketch. 98
    You are absolutely correct. I am hoping I can get in at $1.14 and I did miss the boat, spot on, and I am pi$$ed
    BUT
    With Nickel price falling, what do you estimate fair value on looking at this graph?
    Hasn't breached $25k a tonne in the last five years and NIC was making a profit when it was $18k a tonne, so what is a sensible retrace from where it is now?
    https://hotcopper.com.au/data/attachments/4194/4194299-6f329cd75c9fa66ecdbd2a328929237e.jpg


 
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