Quotes from the above article:
- "ore prices have risen about 8% this week, following a 10% surge a week earlier, local buyers say."
- "Philippines 1.3% grade ore landed at China's Lianyun port surged 20.6% in the past month, Mysteel data showed."
This company is a massive low-cost producer. Every thing is positive except for low nickel price. Now, the ore price has surged. The SP should have surged by a larger percentage as a 20% surge in sale price may imply a double in net profit. Maybe it just needs a bit longer time to do so. $1 next Friday would be 20% surge. Come on NIC.
Quotes from the above article:- "ore prices have risen about 8%...
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Last
95.0¢ |
Change
0.040(4.40%) |
Mkt cap ! $4.071B | |||
| Open | High | Low | Value | Volume |
| 91.0¢ | 95.0¢ | 90.5¢ | $12.14M | 13.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 102436 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 450661 | 22 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
0.040 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 90.8¢ | 94.5¢ | 90.8¢ | 2156350 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| NIC (ASX) Chart |