Does MM like Nickel Industries (NIC) moving forward?
Thanks for taking my question! Best regards, NIC (Nickel Industries Ltd) share price has plunged by 36% since early March; whereas other Nickel names such as PAN and IGO have descended by 26% and 16% respectively in this time frame. NIC is planning to become a top 10 global nickel producer; and is expected to almost triple production over the next several years. Having been concerned about counterparty risk at Tsingshan; but these concerns have dissipated. Is NIC a good medium to long term investment? Thanks