NIC 0.00% 84.5¢ nickel industries limited

Ann: New US$250M Term Loan Facility Established, page-25

  1. 2,482 Posts.
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    I top up at 93c to 95c today. NPI is rising so Margin should improved from March Quarter.
    The big plus will be ore sales, We got the permit to sell, We have huge stockpiles of saprolite
    and limonite ores. From below, only 20% of Saprolite ore sold for the quarter over total mined.
    Which means due to lack of Indo ores sold, NIC having the permit capitalizes on it and potentially
    could sell about 250m to 300m tons of ore this quarter. Potential EBIDTA $56M to $60M. Add improved
    RKEF and HNC EBIDTA , I am looking a conservative $130m total EBIDTA 100% Basis this June.
    This will head back 1.1c in no time. DYOR

    https://hotcopper.com.au/data/attachments/6209/6209794-dbda2f7b3b640ad518929bd7f8844b91.jpg
 
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