The share price is very under valued. NIC have suffered this undervaluation ever since Tsingshan got court in the short situation. However this is not valueing the assets with ENC likely making a similar profit to the rest of the current company. Its going to be new efficient with name plate guaranteed. I am a long time holder (first buy in around .40c) who buys on lows and part sells on highs yes NIC has been very good to me. Not trying to ramp but other than the current low nickle price (yes I get it we are a commodity stock) the story remains very solid. Yes would like to see a sell down (only to interested party / nickel buyer) of ENC which would also reduce debt. Maybe Justin will have some news come end of year report, here's hopeing. Not sure what price it is worth but not .75c. BHP would be wise buying it and again becoming a world class nickel company again for what $5-6 Billion ?
NIC Price at posting:
75.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)