NIC 1.84% 80.0¢ nickel industries limited

Can you please link to the announcement where NIC promises an...

  1. 39 Posts.
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    Can you please link to the announcement where NIC promises an IUI/sales licence for ANI in April? AFAIK they have never given a promise on when it will be released - it depends on Indonesian bureaucratic processes which they can't control. The only guidance I can remember seeing on this one previous was the 27 Jan ANI update in which NIC said they were "anticipating" it to be in place for sales to occur in early Q2 2022, which was definitely not a hard promise to deliver in April - wasn't a hard promise for any date...

    As with the Company’s existing HNI and RNI projects, ANI will require the issuance of an Industrial Business Licence (Izin Usaha Industri) (‘IUI’) to commence commercial sales of NPI. Any NPI produced ahead of the IUI issuance will be stockpiled (as was the case with initial HNI and RNI sales) however it is presently anticipated ANI’s IUI will be in place to allow first commercial sales to be recorded in early Q2 2022. (https://nickelmines.com.au/wp-content/uploads/2022/01/pjn11113.pdf)

 
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