NIC 0.00% 98.5¢ nickel industries limited

I think that money is already been allotted. That 2c dividend...

  1. 2,453 Posts.
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    I think that money is already been allotted. That 2c dividend alone
    is about 3.6% return already. A full year 4c will return 7.3% at todays sp.
    I am just controlling my self not to buy more just for the sake of the Dividend but
    looks like sp may slide down lower in the 50's. In the event of a meaningful rally then
    i buy more.
    Wyloo has thrown the Towel, BHP Nickel west will be next as it needed the ore from
    Cassini and Northern operation mines from Wyloo.which will now be in C&M.
    Across the globe, I see Santa Rita mine now own by Atlantic Nickel is threading under water too.
    Their AISC is about US$18,500/T. IGO Forrestania maybe the next one.

 
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