NIC 1.27% 79.5¢ nickel industries limited

Ann: Agreements for producing Ni assets and US$471M capital raise, page-5

  1. 227 Posts.
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    It's $270 Mil for 6000 T per annum attributable (10%)

    At the estimated margin of $10 K per tonne, translates to roughly $60 Mil per year, so about 4.5-5 X PE, which is pretty low for derisked, and includes some diversification with cobalt

    Plus is being bought with equity, so goes straight to the balance sheet and just results in some dilution for us
 
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