It has been going sideways because the quarterly reports do not...

It has been going sideways because the quarterly reports do not yet include the gains made this year. Everything will be happening in 2022 - 2025, so the money will move elsewhere until those critical moments come to light next year when production is doubled. This is a marathon, not a sprint. On top of that there is an energy crisis which has caused coal prices to rise. For the time being best to sit tight and wait for things to shuffle in the companies favour.

At the end of the day Nickel Mines ltd has the advantage that is actually making money and creating profit for the shareholders.

A lot of miners aren't producing anything at the moment and are just pure speculation buys. Those buying other non-mining miners have no idea what those companies will make. We know what Nickel Mines is making right now.

When it happens though it'll happen very quick. The fact we have so many shorts on the position means that once the level is broken the surge upwards will take some time to halt like it did before.

Between 95c - $1.10 is probably right until the new production becomes operational. Hopefully we'll get a $0.03 dividend. I personally am very happy that foreign investors who are not Aussie can now get that untaxed...before the Aussie government was taxing it even though foreign investors have no stake in Australia directly. Why should we pay tax to Australia if the company we are buying is based in Indonesia - so very glad they did that. It's in the report - a good solid move which should help more foreign investors buy NIC without fearing Aussie Gov putting hand in back pocket.


Thank god for CFI.