Love the optimism Fuzz however have to agree with ST with regards to the outlook, there has been plenty of articles stating why nickel is so low when we expected the opposite with the lower supply. Invests graph show for the past year how the supply has dropped but so too the price which is contra to basic economics unless there are other factors like a much more weakening demand.
If you have better support to Europe and India filling the gap can you provide it please, but China is well out in front from Nickel consumption, and Japan & USA have always been distant second. Just think where the stainless steel production is. The only source I have is from 2010, but since then production in China has only increased and Europe worsened so don't imagine it has significantly changed.
Expecting WW3 to boost weapons because this industry is a fraction of the nickel market.
The above article by the resource speculator shouldn't be taken for fact, he is infact a minority, there are even speculations that Indonesia will relax the ban on nickel exports later this year... What will that do to the price???
End of the day, while the macros are important, the operation is low cost high grade and there will be a buyer and a profit will be made,
