NIC 0.00% 92.0¢ nickel industries limited

Ann: Quarterly Activities Report, page-6

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  1. 636 Posts.
    lightbulb Created with Sketch. 77
    What else one can ask from an investment. Prices rising, costs dropping and production volumes rising as well, wow.
    Angel is ramping up nicely, right now one rkef is exceeding name plate production, I suppose the plans are to test each of the 4 rkef full production levels, for then once electricity available by August, ramp up fast to exceed name plate. TD still ready to buy at 1.37.
    Awaiting news on Indonesian sale license, would have been the cherry on the cake, but June numbers will be fantastic. Maybe even higher margins, if we manage to sell above $19368/t ? But I am happy as it is, I mean 22.5% extra profit is huge..
    On the Matte production project, things are moving slowly but steady, I suppose it always was something happening down the line.
    Wait for VW and Colt JV to take shape and materialize and see what happens maybe in one/two years time.
    What a great low risk operation company, Nickel Mines is.
 
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