SLZ 0.00% 1.2¢ sultan resources ltd

I can see you are genuine and offer my apologies as a result....

  1. 1,300 Posts.
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    I can see you are genuine and offer my apologies as a result.

    Yes the Chinese currently have a strong hold on the nickel market and all many of Australia's Ni-sulphide deposits are tired and uncompetitive. However,
    the bottom of the Nickel price curve is still made up of high-quality Nickel-Sulphide deposits in the form of Norilsk, Nova and Jinchuan. Norilsk for reference is the most valuable orebody on the planet.

    https://hotcopper.com.au/data/attachments/6016/6016398-6c8eb8d5da1063c4d3da128fbeafc908.jpg

    There is no point thinking about what is happening here from the perspective of a mine or a profitable one at that. This is a tiny exploration company with a very interesting target that will most likely hit a false positive and most of us will make a small loss and move on.

    However, they may on the off chance find something and that is the name of the game.

    Cheers,
    CC
 
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