NIS

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NIS - General Discussion, page-2

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22/11/23

18:26

Post #: 71050839
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Originally posted by OzBandit: ↑

Given the recent developments and price action, NickelSearch (NIS) is poised for a breakout and upward momentum. In the spirit of centralizing valuable contributions, it's time for a general discussion thread. I'll start with ten reasons why NickelSearch (NIS) could be considered a promising investment/punt:
Diverse Resource Base: NIS holds a significant 27MT Nickel JORC resource, indicating a strong base in nickel resources.
Lithium Potential: Recent findings of high-grade lithium boulders/rocks grading over 5% Li and the presence of lithium in soil samples enhance the company's potential in the lithium market.
Proximity to Major Operations: The proximity of NIS's operations to Allkem's Mt Catlin Lithium plant (less than 10 kms away) and First Quantum's Nickel plant (less than 5 kms) suggests logistical advantages and potential synergies.
Strategic Location: NIS is situated in Australia, WA, a region known for its rich mineral deposits and supportive mining infrastructure.
Experienced Management: With Nicole Duncan, an ex-BHP and South 32 executive, at the helm, the company benefits from seasoned leadership.
Collaboration with Industry Leaders: The Non-Disclosure Agreement (NDA) signed with Allkem, a major player in the mining industry, and the technical assistance provided by Allkem, underscores industry recognition and support.
Extensive Exploration Activities: NIS is actively engaged in exploration, including sampling, mapping, and rock chip collecting, indicating a commitment to expanding its resource base.
Historical Data Reassessment: The re-assaying of 140kms of historical drilling for lithium suggests a methodical approach to leveraging existing data for new opportunities.
Infrastructure Advantage: The presence of excellent infrastructure, including road, rail, and port access, particularly the proximity to Esperance Port, enhances operational efficiency.
Financial Position: With a market capitalization of only $21 million and $3 million in cash, along with the possibility of an additional $1.1 million influx, NIS presents a potentially undervalued investment opportunity in the resources sector.

DYOR & GLTAH

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Another brilliant post...... some very knowledgeable people on this forum, keep it coming
NIS Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $3.630M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.7¢	$2.992K	173.3K

Buyers (Bids)

No.	Vol.	Price($)
1	1167	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.8¢	355999	2

View Market Depth

No.	Vol.	Price($)
1	1167	0.017
4	221000	0.016
6	2232495	0.015
1	100000	0.014
1	230000	0.013

Price($)	Vol.	No.
0.018	355999	2
0.019	57405	1
0.020	58000	1
0.021	25000	1
0.022	166000	1

Last trade - 12.14pm 02/08/2024 (20 minute delay)

NIS (ASX) Chart

NIS - General Discussion, page-2

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

NIS - General Discussion, page-2

Top Stories

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Is oil undervalued?

GreenX picks up prospective copper project in Germany

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News