Does anyone see this company as a potential nickel version of FMG? Hear me out, very low on the cost curve, big ramp up in production even when overall prices are falling and a dividend policy setting of "cash cow". Management team has an eye for deals and some big picture thinking. Big long term partners who don't sell and are willing to buy more. All of a sudden we eventually get beyond this glut ( with NIC potentially taking over cheap mothballed operations/ develop the other mine they have and get involved in a whole industrial park attached with more NPI/ Hpal plants. I can imagine dividends being well over 20-30 cents per year within the next 5 years. If you can string a few hundred thousand shares together during this glut you could come out the other side with a fair bit of cashflow. We could potentially be like those FMG boomers buying houses with divvy payments. Disclaimer Indonesia 1000% more risk. Past FMG performance may not mean future NIC performance, always consult your healthcare professional.
Does anyone see this company as a potential nickel version of...
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Last
99.5¢ |
Change
0.005(0.51%) |
Mkt cap ! $4.264B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | $1.01 | 96.5¢ | $5.475M | 5.528M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 78489 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 105585 | 6 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
99.0¢ |
Change
0.005 ( 0.68 %) |
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| Open | High | Low | Volume | ||
| 97.0¢ | $1.01 | 96.5¢ | 1612402 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| NIC (ASX) Chart |