NC1 8.33% 13.0¢ nico resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

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  1. 127 Posts.
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    The base case assumed a Ni price of US$21,500/t, giving an NPV of A$3.34b

    If you pro-rata that to US$15,000 it would still make money. I think the issue would be the capital cost - you'd want someone with deep pockets that doesnt need debt financing. On paper the project is viable.

    The other point I'd make is the Ni price outlook. How long would it stay at these levels? In the next 20-30years do you believe Ni value will rise or fall?

    https://hotcopper.com.au/data/attachments/5921/5921111-3186f61e6e613b602b95f47023fec31d.jpg
 
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