NIC 0.60% 82.5¢ nickel industries limited

NIC - Chart Thread, page-170

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    Our 2023 annual NPI production will be 102,528 / 13.6% = 753,883t (12 lines - RNI , HNI & ANI - 80% ONI - 70%). 50% more than 8 lines being sold to Baowu Steel.

    Assume that Baowu pay US 3 billion (lower end). Then NIC's market value should be US $4.5 billion + $600 million (Hengjaya mine) - $550 million (corporate bond) = $4.55 billion.

    We closed at US $2.15 billion yesterday.








 
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