Because profit Margin will decline about 40% from previous quarter.
This is partly due to NPI price going down from 19,000/T to just 16,000
most of this quarter. Also partly due to record breaking cost of Coal which is
NIC use for the RKEF Line Production.
But what the Market is not valuing at the moment is the 3.7 Million contained Nickel at
Hengaya Mine. But profits from this will be realize once QMB construct its concentrator next to the mine
and NIC become a part of the Suphide production. Patience is the Key here.
NIC - General discussion, page-130
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Last
92.0¢ |
Change
0.005(0.55%) |
Mkt cap ! $3.946B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.5¢ | 90.0¢ | $3.229M | 3.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 67909 | 92.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.5¢ | 44000 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| NIC (ASX) Chart |