NC1 nico resources limited

@Lemons312, well said. They are cashed up now because the raise...

  1. 591 Posts.
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    @Lemons312, well said. They are cashed up now because the raise was fully underwritten. I believe they have to be negotiating for JV partners or full sale to a/some very large buyer/s.

    You don't sink that kind of personal capital without, a) understanding the commercial (sale) value of a company, or b) having faith that the demand for Ni is real, or c) the belief a deal can be done.

    You are thinking the same way I am here at present. I am a modest holder of this because it is speculative for me; not knowing what is going on behind the scenes. The size of Director buying tells me this looks good. I bought some more this morning as a top up; to dollar cost average down and add to my return if my understanding of the asset and recent moves is correct. Time horizon 6 months but expecting a result much sooner.

    GLTAH CW
 
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(20min delay)
Last
9.5¢
Change
-0.001(1.04%)
Mkt cap ! $11.72M
Open High Low Value Volume
9.3¢ 9.5¢ 8.8¢ $10.71K 116.4K

Buyers (Bids)

No. Vol. Price($)
2 17123 9.3¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 47823 1
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Last trade - 15.32pm 17/06/2025 (20 minute delay) ?
NC1 (ASX) Chart
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