NIC nickel industries limited

it was a workman like performance from the MD today at day 3 of...

  1. 2,920 Posts.
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    it was a workman like performance from the MD today at day 3 of the Bell Potter 'unearthed conference'. Over 70 companies present online for the attention of investors whilst responding to a few dorothy dix questions from the host.
    So, one should expect the presenters to be on top of their game !
    And Mr Justin Werner did not disappoint (me).
    Is he wondering why the NIC share price is so low ? I'm sure he is ..given the clear path to global dominance that he and his company continie to display with increasing bravado.
    He pent some time in elaboration of the Sampala acquisition with 2.3Mt of contained nickel which is derived from a significant percentage of ''free ore' given that Sampala Limonite ore [ to feed the ENC HPAL plant] is paid for only where the grade exceeds 1.2%. These ridiculously attractive terms speak to the comprehensive embrace of the Company by the government agencies as Nickel Industries steers the country to long lasting dominance in nickel supply.
    Recent research reports from Bell Potter [ TP $1.39] and Barrenjoey [ TP $1.60] forecast dividends to be maintained thru CY25 and increased in CY26.This is not surprising given that the MD freely asserted that on the question of dividends ' we intend to be a material dividend payer'.
    Do we get a final dividend for FY24....we find out within 16 days.
    Yes bought more NIC today.
 
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(20min delay)
Last
73.5¢
Change
-0.005(0.68%)
Mkt cap ! $3.190B
Open High Low Value Volume
73.0¢ 74.5¢ 72.5¢ $3.043M 4.137M

Buyers (Bids)

No. Vol. Price($)
3 16582 73.0¢
 

Sellers (Offers)

Price($) Vol. No.
74.5¢ 41103 3
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Last trade - 16.10pm 01/08/2025 (20 minute delay) ?
NIC (ASX) Chart
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