In today’s briefing:
- Nickel Industries Placement – Deepening Ties, Rising Short Interest Likely to Support Deal Price
Nickel Industries Placement – Deepening Ties, Rising Short Interest Likely to Support Deal Price
- Nickel Industries Ltd (NIC AU) is looking to raise US$185m with the majority of proceeds used to acquire 10% interests in nickel producing assets within the Indonesia Morowali Industrial Park.
- The Indonesia Morowali Industrial Park is part of its ongoing collaboration with Tsinghan Group, a private Chinese nickel and stainless steel producer.
- In this note, we will talk about the firm’s track record and run the deal through our ECM framework.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
