Thanks Kalm
hope we can get more info regarding
1), especially in regards to the Nickel matte pricing since it definitely not LME Class 1 Nickel price, and I couldn't find any real-time data on the pricing.
For 3), for CY 2021, NPAT was AUD180m, P/E 18.92 (source from Market index), I am trying to understand the consensus P/E because
-- at P/E 15 and NPAT 250m, MC 3.75 bil, SP 1.35-1.4.
-- at P/E 18 and NPAT 250m, MC 4.5 bil, SP 1.60-1.65.
At the moment, market is still pricing in 14-15 P/E assuming NPAT remains at 180m, but I believe NIC will beat expectations for CY 2022.
So the question is, is the market valuing NIC at a decreased P/E to match a typical miner P/E at 8-10? Whats the typical Nickel miner P/E globally? Or is NIC being discouted due to recessionary concerns?
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