The HNC project is looking the goods.
NIC issued around $A388M in stk for the 10% interest and we are attributing $A19M a qtr or $78M p.a. The payback could be achieved in under 5yrs.
I continue to believe there is a lot of latent value in NIC. I'm eagerly awaiting the 2H as JW's comments around NPI producers in Indonesia as well as outside participants leaving the mkt is also what I have heard. The NPI price has been volatile of late but that may all be coming to an end if production cuts hit the mkt. I dont think the small losses at HNI and RNI will be repeated given normal ops will resume in 2H, so its looking good even in this terrible pricing env.
Ann: Quarterly Activities Report, page-7
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
85.5¢ |
Change
0.050(6.21%) |
Mkt cap ! $3.664B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 86.0¢ | 81.0¢ | $8.944M | 10.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 158728 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 750 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |