CAPITAL MARKETS

It is all-go at Nico except market appreciation

WITH cash on the dwindle potential nickel project developer Nico Resources is again on the promotion hustings pointing out all manner of Wingellina project positives, including the ‘negative’ of it currently trading at less than the equivalent of US1c per pound of contained nickel versus no deal being done in the sector globally over the past plus-20 years for less than 3c/lb.