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.
The HNC project is looking the goods.NIC issued around $A388M in...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
76.0¢ |
Change
-0.010(1.30%) |
Mkt cap ! $3.299B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 74.5¢ | $3.698M | 4.874M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37438 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 36584 | 4 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| NIC (ASX) Chart |