I watched a recent presentation by the MD Nicole Duncan and I thought she was quite good and the company seems to be making progress. Tasmin Senders is evidently an expert on low grade Ni processing and progress is being make re processing options for the held low grade resource. Nicole explained however that NIS's key focus remains exploring/drilling for high grade Ni sulphides. This suits me and is why I bought NIS originally. Their ground is highly mineralised.
IMO the risk/reward on this one is very attractive with Enterprise value approx. $10 million only.
GLTA & DYOR
NIS Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
