NIC 0.00% 92.0¢ nickel industries limited

Ann: New US$250M Term Loan Facility Established, page-14

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  1. 10,050 Posts.
    lightbulb Created with Sketch. 4348
    another $250M debt to help the chinese strip Indo of Ni ore and cash. LOL
    while the slaves work a pittance and the deaths keep mounting up at this hell hole of an operation.
    and 100% of its dirt cheap offtake goes to the chinese Tsingshan the largest holder here who then onsells it for 700% markup while Indo & Oz tax collectors & workers get peanuts.

    Oh and Tsingshan has been actively SHORT SELLING the NP on LME for the last decade to now to keep this debacle going on for as long as possible.

    NP & workers wages & tax paid should be multiples higher imho.

    Sooner or later this debacle will be expose by the SHORT SELLERS here and you Oz holders will be shafted imho. hence why they listed here and not in china or Indo.

    Buy aussie Ni and miners not chinese ones using Indo & Oz fronts imho.
    Aussie built, Aussie made is best.
 
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