CAPITAL MARKETS

Superlative start for Nico

METALS X’s decision to spin-out its remote Wingellina nickel-cobalt project in Western Australia has already proved its worth, with the heavily oversubscribed initial public offering of Nico Resources delivering an immediate paper windfall.

 Wingellina has been explored since the 1950s

Wingellina has been explored since the 1950s

Metals X, which is the largest shareholder at 23.2% following the A$12 million IPO at 20c, would no doubt have been delighted that the shares peaked up almost 90% during the session at 37.5c - giving a...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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