NIC 0.61% 81.5¢ nickel industries limited

I, too, am pleased with the Q report. i also listened to...

  1. 33 Posts.
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    I, too, am pleased with the Q report. i also listened to JW's webcast today. there are 2 items that I found especially encouraging from all these:
    1. NIC is one of only 2 nickel companies in Indonesia ( the other one is Vale) to be awarded a 'Green Proper' rating. this should enhance their ESG capabilities, putting at rest concerns by potential customers such as Tesla;

    2. in response to Bell Potter's question about diversification of customer base, JW confirmed that they are aware of the concern about having only one offtake partner. Thus, JW informed that discussions with other offtake partners have commenced to diversify the customer base. the outcome of said discussions will be released to the market in due course.

    in addition
    1. upgraded JORC Resourcce estimate 300 million DMT @1.22% nickel, 0.09% cobalt
    2.record production at Henglaya
    3. Henglaya Mine in the Top 10 nickel resources in the world
    4. ramping up production across NIC RKEF portfolio
    5. record RKEF EBITDA.

    Also just to add, JW is upbeat about Q1 23.

    good luck, LTH.
 
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