Nickel Industries Ltd (ASX:NIC)
A$ 0.885 -0.015 (-1.67%) Market Cap: 3.80 Bil Enterprise Value: 4.40 Bil PE Ratio: 21.07 PB Ratio: 1.06 GF Score: 64/100

Half Year 2024 Nickel Industries Ltd Earnings Call Transcript

Aug 31, 2023 / 01:00AM GMT
Release Date Price: A$0.795 (+2.58%)
Operator

Thank you for standing by, and welcome to the Nickel Industries Limited 2023 Half Year Results. (Operator Instructions) I would now like to hand the conference over to Mr. Justin Werner, Managing Director. Mr. Werner, the floor is yours, sir.

Justin Charles Werner
Nickel Industries Limited - MD & Director

Thank you. And thank you, everyone, for your attendance this morning at the Nickel Industries half yearly results call. It's really been a half of 2 quarters. The first March quarter of this year was a record quarter for us, and we achieved for the first time RKEF EBITDA in excess of USD 100 million. And remembering that, that didn't really have any contribution or very little contribution from our Oracle Nickel operations, which are now fully ramped up.

March was certainly -- so the June quarter was certainly a different quarter. It was a bit softer, still managed to deliver USD 43.9 million in EBITDA. Happy to report that we are seeing some green shoots, certainly strengthening NPI pricing and further reductions in our RKEF OpEx cost base,

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