After the recent placement/CR this will have around 190M SOI shortly, so based on last year's T20 I think they would still hold around 50% of the SOI. If it's a tightly held registry, that means there's only around 100M SOI out there for everyone else to buy.
As per usual, all the directors intend to participate.
NICKELX LIMITED (ASX:NKL) - Ann: Notice of General Meeting/Proxy Form, 75113097, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
NKL general discussion, page-58
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