NC1 6.67% 16.0¢ nico resources limited

Ann: PFS confirms Wingellina as a Tier 1 Nickel-Cobalt Project, page-39

  1. 9,773 Posts.
    lightbulb Created with Sketch. 4219
    I guess I was right and you were wrong as it looks on the chart right now
    down 14%
    the ramp was to 92c couldnt even crack the 100c again

    the $3B capex and dilution now weighing it down'
    Just like all prior laterite high flyers & crashers like MBN ANL ESR QNI,
    3 of 4 went bust and the other ESR went 2c to 27c to 1c
    pump & dump as usual is yur best hope.

    still 20c to 100c is a great run for lots of drill hits and papershuffling for a hole in the ground if you sold at highs that is.

    Its laterite dufus,
    its rock and HPAL dirty chemical acid leaching.
    This aint Indonesia mate!
    BHP mocked this Ni type for a decade at ANL and did everything to avoid & block it.

    AF almost went bankrupt from that at ANL due to low margin massive capex high debt low grades high pollutant.
    Any takers? Doesnt look like BHP AF Glencore FQM are interested.
    Last edited by tomboy: 28/12/22
 
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