NIC nickel industries limited

Ann: Move to 13.75% Equity Interest in ENC HPAL Project, page-9

  1. 1,728 Posts.
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    I think NIC can financially support it's 55% equity they might as well, go big or go home.
    build it, add value, and can always sell later down the track at much higher value.
    The kickbacks they are getting on the project include:
    -capex and time of build guarantee
    -15 years tax holiday period

    No other mine development gets this.
    I am happy with our growth plans.

    DYOR, not investment advice.
 
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