NIC 0.55% 92.0¢ nickel industries limited

according to the announcement: Switching between NPI and nickel...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 93 Posts.
    lightbulb Created with Sketch. 3
    according to the announcement:

    Switching between NPI and nickel matte production is possible with MINIMAL PRODUCTION DISRUPTION, however, it is not optimal to do so regularly and it is proposed that Nickel Mine’s converted RKEF lines will be utilised for dedicated nickel matte production unless there is an extended period where operational economics would favour a switch back to NPI.

    Once the modifications are completed it will take approximately TWO WEEKS for the converted RKEF lines to produce an ‘on-spec’ nickel matte product, with the interim ‘off-spec’ product remaining a saleable product.
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.