Some great analysis here...
I got issued shares via MLX (which I really like)
However, NC1 seems very interesting in it's own right.
My simple brain is ...
40 yr mine life - very good - rare and appeals to the 'big guys' BHP
IRR- 17% is so/so - not great - I guess reflecting the high capital investment
However, any increase in prices + inflation means that capital invested now, yeild higher returns later on
Couple this with the extremely strong insider buying ...
I also suspect there's some developments plans brewing behind the scenes...
As pointed out, what else make sense? Given due to the spin-off he could have loaded up earlier.
$2 Party, page-31
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Last
13.0¢ |
Change
0.020(18.2%) |
Mkt cap ! $14.22M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 15.0¢ | 12.0¢ | $148.1K | 1.107M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 72826 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 97951 | 1 |
View Market Depth
| Last trade - 15.48pm 19/11/2024 (20 minute delay) ? |
| NC1 (ASX) Chart |