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Nickel IPO creates storm of interest

IT’S BEEN said a million times before but timing is everything in life. Yet when Croesus Mining managing director Mike Ivey approached well-known nickel explorer Tony Rovira late last year and asked him to lead a new float to be called Nickel Australia, little could the pair have known just what market excitement would follow in the weeks before the company listed on December 16.

James Hamilton
Nickel IPO creates storm of interest

Call it good luck or good planning, Nickel Australia’s prospectus (to raise $10 million via the issue of 40 million 25c shares) popped out just as the eye of last year’s nickel market storm was taking...

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