Highlights for me are:
1) Deferral of ENC payments will mean less financial strain on the company, and makes the company more financially resilient.
2) Able to drive down cash cost across its operations, which again makes it more resilient against lower nickel price
Less ore production in Hengjaya mine was ok given the rains they had seen in Q1, but given the cap on production yet to be approved, this can easily catch up when it's lifted to 19mtpa. Despite this, looks like their inventory was able to help maintain consistency in sales volume.
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Last
77.0¢ |
Change
-0.015(1.91%) |
Mkt cap ! $3.342B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 76.0¢ | $2.839M | 3.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 149867 | 76.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 455058 | 4 |
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| Last trade - 16.16pm 28/07/2025 (20 minute delay) ? |
| NIC (ASX) Chart |