@Megac
Agree it will soon reach 40c, but at that point it'll still be massively undervalued IMO
I can see this getting to $1 with the right Nickel price backdrop (which IMO is coming due to the massive shortages combined with low inventories forecast until 2022)
Most broking houses don't cover NIC yet, but that will once it becomes a producer which it did on 31-Jan... 3-6 months ahead of schedule also!
Insto investors love a leverage story with management delivering key milestones ahead of schedule.
Add to that the ZERO TAX for the next 8 years due to the government intervention via tax relief which was a left-field surprise & no one expected.
The Next Big Thing in Nickel?, page-13
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Last
91.0¢ |
Change
0.010(1.11%) |
Mkt cap ! $3.578B | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 92.0¢ | 90.5¢ | $2.304M | 2.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9481 | 90.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 80614 | 6 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NIC (ASX) Chart |
