I think it’s really important to understand some of the numbers that Roger went over in today’s RIU explorers conference presentation. At today’s spot nickel price we have:
-A nickel sulphide project with a 2.5 billion NPV8 with 100% IRR.
-An ebitda of 500 million PER YEAR, our current market cap is a little over 500 million.
-A nickel project with a CO2 footprint forecast to be lower than 97% of global nickel producers.
There is zero doubt about it, we are extremely cheap at current prices. We should be north of $2 per share if not much higher.
2.5 billion NPV8 and 100% IRR
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39.0¢ |
Change
-0.025(6.02%) |
Mkt cap ! $193.0M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 38.0¢ | $108.6K | 280.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 667 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 39.5¢ | 17838 | 6 |
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| Last trade - 14.03pm 06/05/2024 (20 minute delay) ? |
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39.0¢ |
Change
-0.025 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| 41.0¢ | 41.0¢ | 38.0¢ | 57455 | ||
| Last updated 13.06pm 06/05/2024 ? | |||||
| CTM (ASX) Chart |