What is this newsletter? Will you post the analysis here? Thanks.

First 5 Last

Share
Profile

Follow
aflyingfish

566 Posts.

109

22/09/23

12:59

Post #: 69978350
Share

Originally posted by Countrywriter: ↑

Hi Lemons321, this is a really interesting situation. An illiquid stock with few shares and a monster project. The project "looks" stranded because of the location - sorted via new road @ $1.2B for BHP (so likely to go ahead) AND in the hands of a micro-cap. This presentation directly lays out what the directors have been buying $millions worth of shares. The market is currently blind to this opportunity.

I have written up this stock in newsletter no.462 this week. Non-clay laterite, no dig, simple metallurgy, light strip ratio and scale to the moon - biggest in Australia. Ni shortage by 2027 looks interesting too. I could add so much more but for how many people? The market will wake up suddenly if a JV is inked that will leave NC1 shareholders with a nice slice of 2,000,000Mt (metric tonnes) of Ni and over 130kt of cobalt. No wonder three directors part underwriting the cap raise when the market has missed this, and the contained value in this project.

Peter Cook renowned for inking deals and the other Directors all worthy of DD and respect. What a fantastic presentation!
DYOR CW

Expand

What is this newsletter? Will you post the analysis here? Thanks.

NC1 Price at posting: 40.5¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PSC

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

AFP

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

HZN

Crickets as Horizon Oil unveils new project picked up in Thailand

EMC

Everest Metals dips as company clocks low gold grades at Taipan, WA

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $14.19M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	18100	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	4349	2

View Market Depth

No.	Vol.	Price($)
2	18100	0.110
2	41544	0.105
3	25820	0.100
1	23123	0.098
2	25526	0.095

Price($)	Vol.	No.
0.115	4349	2
0.120	41953	2
0.130	4000	1
0.145	40000	1
0.150	205767	4

Last trade - 11.08am 01/08/2025 (20 minute delay)

NC1 (ASX) Chart

Day chart unavailable

What is this newsletter? Will you post the analysis here? Thanks.

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

Crickets as Horizon Oil unveils new project picked up in Thailand

Everest Metals dips as company clocks low gold grades at Taipan, WA

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

What is this newsletter? Will you post the analysis here? Thanks.

Top Stories

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

Crickets as Horizon Oil unveils new project picked up in Thailand

Everest Metals dips as company clocks low gold grades at Taipan, WA

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News