NC1 15.0% 11.5¢ nico resources limited

Pretty cheap valuations for a potential world class Nickel and...

  1. 11,703 Posts.
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    Pretty cheap valuations for a potential world class Nickel and Cobalt resource targeting the green battery technology thematic.

    The project is very advanced and development ready with sunk costs in the millions to drill, PFS, Met studies etc completed and ongoing.

    Cobalt is also on a 3 year high and very bullish at $70500 USD per tonne rising rapidly.

    $12m in cash raised implying an EV of only $4m at 20c. Wont get such an advanced project for such a valuation.

    https://hotcopper.com.au/data/attachments/4000/4000193-d833ec82376bf9891a03b20b13689a41.jpg
    https://hotcopper.com.au/data/attachments/4000/4000202-b4f8ddfc600acdb6a0cf805a711154bd.jpg
 
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11.5¢ 11.5¢ 11.0¢ $7.809K 67.92K

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No. Vol. Price($)
1 4422 11.0¢
 

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Price($) Vol. No.
11.5¢ 19999 1
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