Thanks for sharing, interesting read., especially matte being similar price to NPI, thought more profits in matte. However like you said if we assume the NPI price will drop sharply and matte track higher towards sulphate prices then NIC is in a unique position to be able to switch between the two with minor modifications and adjust according to market conditions. I'm not saying they will do that but it seems they will have the ability to do that.
The way I see it is, even with an oversupply keeping the NPI down with NIC cash costs around $7000-$8000 there is still plenty of headroom for profit margin until the demand for Nickel start to really stretch supply.
And talking about cash costs, these could go down significantly once the Hpal plants go online and we possibly supply them with limonite ore
- Forums
- ASX - By Stock
- Ann: Potential Diversification into the EV Battery Supply Chain
Thanks for sharing, interesting read., especially matte being...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NIC (ASX) to my watchlist
(20min delay)
|
|||||
Last
96.5¢ |
Change
0.005(0.52%) |
Mkt cap ! $4.139B |
Open | High | Low | Value | Volume |
96.0¢ | 97.5¢ | 95.5¢ | $3.906M | 4.050M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 108724 | 96.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 61075 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 108724 | 0.960 |
7 | 104902 | 0.955 |
7 | 128005 | 0.950 |
4 | 95940 | 0.945 |
3 | 87051 | 0.940 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 61075 | 7 |
0.975 | 95198 | 5 |
0.980 | 225319 | 11 |
0.985 | 33747 | 3 |
0.990 | 251029 | 16 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
NIC (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online