NIC 0.61% 83.0¢ nickel industries limited

Ann: Proposed Issuance of New Notes and Concurrent Tender Offer, page-21

  1. 2,496 Posts.
    lightbulb Created with Sketch. 298
    The sp reacted to this news that if the Notes Maturity is bump out to 2028,
    then NIC won't have liquidity problems even if the NPI price hovers at 13500/T
    in the next 2 quarters. It won't have to worry paying 325M by April 2024.
    The news that they have successfully secured note funding to 2028 will in my opinion
    further spikes the sp. We will probably know this week.
    I also look forward to the quarter report which it won't be too bad.
    Cheers CCD.

 
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