And NIC accumulated so much laterite ore now that could be around 9 million tons.
With ore price rising, margin on laterite ore could reach $20 plus. NIC plan to sell
around 1.6M t of laterite per quarter. At a margin of $20, that is $32 M. Add $12 for
saprolite ore and that easily $45 million. Good times ahead. This is long term
investment.
And NIC accumulated so much laterite ore now that could be...
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Last
83.0¢ |
Change
0.010(1.22%) |
Mkt cap ! $3.557B | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 83.0¢ | 81.5¢ | $2.335M | 2.829M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2295 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 55201 | 4 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| NIC (ASX) Chart |