NIC 0.61% 83.0¢ nickel industries limited

dividends, page-6

  1. 5,286 Posts.
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    The presentation says the bulk of the DAWN HPAL + Project will be funded via:
    " Project finance and existing operational cash flows expected to fund bulk of capital requirement"
    I picked that up after what seems my umteenth reading of the Anns.
    There is a lot to take in.
    " Shanghai Decent to take the lead role in the design, construction and operation
    ‒ guarantee that the total cost will not exceed US$2.5bn (100% basis)"
    My bold above.
    With Shanghai Decent expected to have a circa 28% of NIC there will be some good oversight of how the business is conducted which is an assurance for Retail Holders.
 
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