I top up at 93c to 95c today. NPI is rising so Margin should improved from March Quarter.
The big plus will be ore sales, We got the permit to sell, We have huge stockpiles of saprolite
and limonite ores. From below, only 20% of Saprolite ore sold for the quarter over total mined.
Which means due to lack of Indo ores sold, NIC having the permit capitalizes on it and potentially
could sell about 250m to 300m tons of ore this quarter. Potential EBIDTA $56M to $60M. Add improved
RKEF and HNC EBIDTA , I am looking a conservative $130m total EBIDTA 100% Basis this June.
This will head back 1.1c in no time. DYOR
Ann: New US$250M Term Loan Facility Established, page-25
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Last
85.0¢ |
Change
0.005(0.59%) |
Mkt cap ! $3.632B | |||
| Open | High | Low | Value | Volume |
| 84.5¢ | 85.5¢ | 83.5¢ | $3.035M | 3.587M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 250768 | 84.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 244096 | 38 |
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| Last trade - 15.46pm 19/06/2024 (20 minute delay) ? |
| NIC (ASX) Chart |