NIC 0.61% 81.0¢ nickel industries limited

Ann: Annual Report and Notice of AGM, page-2

  1. 636 Posts.
    lightbulb Created with Sketch. 77
    Didn't know that Angel and Oracle project will bring 20% saving on electricity, because we own the power plant, nice.
    It looks like profitability is set to continue. Also it seems the company has many other mining project in the pipeline, though this will be very much down the line....
    I would like a little less debit on the balance sheet, not that the company is not able to pay it back, but these are money that could be going in dividends payments.
    Also our mine Hengjaya Mine, is doing very well, with expansion and resource increase, one wouldn't even notice that they did 26269 mt drilling in 2021, and 47000 assay sampling.
    Is not that it bring huge profits to the bottom line numbers, but it goes to show that this company on the operation front, is just faultless on speed and execution.
    ps
    I am finally in profit.

 
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