Yes I too came across the Mining.com story on Mr Big Shot.
In theory NIC share price should get back what it lost when panic spread due to short squeeze.....but is not going to happen, at lest not for now.
Lets see what happen with Q2 out soon, my feeling are that NIC sp represent a fantastic entry price right now, on the news flow coming out soon and also on the technical support level.
The only question mark right now is Nickel price been coming down of recent. With LME nickel market volumes down to minimal levels and almost not functioning anymore, possibly many contracts now are bilateral exchanges between interested parties. In the case of Nic would be between TD and Nic possibly at fixed price. Awaiting news on price trend for NPI going forward, last quarter was a record realised price and profit margins on the $7k mark/t. I doubt we can repeat these numbers but surely we can start doubling production from now onward.
Yes I too came across the Mining.com story on Mr Big Shot.In...
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Last
82.5¢ |
Change
0.015(1.85%) |
Mkt cap ! $3.535B | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.5¢ | 80.5¢ | $2.719M | 3.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 52399 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 215140 | 9 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| NIC (ASX) Chart |