NIC nickel industries limited

Ann: Notice of Extraordinary General Meeting, page-9

  1. klu
    747 Posts.
    lightbulb Created with Sketch. 105
    I tend to vote NO, at least need to delay for 6 months or so. It's too complicated. A good auditor is needed to check how the fees come up. What is the real construction fee and the makeup (profits) for the construction, and any goodwill etc? $1.26B for 55% of an un-constructed plant sounds too expensive, esp. with cheap labors in China and Indonesian. We may end up paying the whole construction fees but get only 55% of the project.

    Just my guts feeling. Someone asked a good question above, 'if so good, why doesn't Tsingshan do it itself?'

    Need more details about the $1.26B and 55%. Hope it wasn't coming from only the wishful future profits.
    Last edited by klu: 10/11/23
 
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
78.5¢
Change
0.015(1.95%)
Mkt cap ! $3.407B
Open High Low Value Volume
77.5¢ 79.5¢ 77.5¢ $12.01M 15.31M

Buyers (Bids)

No. Vol. Price($)
1 13 78.0¢
 

Sellers (Offers)

Price($) Vol. No.
78.5¢ 9688 1
View Market Depth
Last trade - 16.10pm 23/07/2025 (20 minute delay) ?
NIC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.