BASE METALS

Nickel Mines in a unique place

As Nickel Mines insiders are wont to say with a smile, their company is the overnight success that was 10 years in the making, with the A$200 million raised last August in one of the biggest ASX resource sector IPOs in years coming after it first went to Indonesia last decade.

Michael Quinn
 RKEF action at Morowali, Indonesia

RKEF action at Morowali, Indonesia

The IPO shares were issued at 35c and last month another $55 million was raised at a price of 40c each. Shares have since hit an all-time high of 58.5c. In terms of gains then, nothing super spectacular...

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