There was a comment recently on our threads about how much $ QPM...

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the squash

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18/05/24

10:48

Post #: 73891338
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Originally posted by ClockworkSmurf: ↑

What a shame no one noted what can happen when disruptions occur? Oh. Smurf village was a couple days ahead of the news.

New Cal is very likely a social media contagion storm in teacup- some young people catching what’s being spread from Western universities/media. Basically an excuse for the worst in the community to smash some things/harm some people.

https://www.bnnbloomberg.ca/nickel-jumps-as-unrest-cuts-output-in-no-3-miner-new-caledonia-1.2074385

I say that because the Kanak receive a lot of the money from mining & 95+% of voters chose to remain with France in the last independence referendum. Much like support for ‘The Voice’ here in Oz was, the bid for independence is probably way overblown by the media.

Also, 1,000~ extra security personnel ( a big number when we remember the nation is only 270,000 ), will help local authorities round up the worst of the rioters. Take those out of the crowd and things settle down overnight, the others hang their heads in shame and pick up a broom to help clean up.

Remember- it’s not America or Europe. There aren’t millions of what I see as ungrateful/ignorant/downright evil ppl who hate everything the West stands for. It’s generally a very happy island paradise where people get along very well.

Nickel prices will likely return to around $8.30 a pound very quickly as the core troublemakers are rounded up ( which will take most of the heat out of the situation immediately ), but at least it’s a bit of support for our SP before tax time sellers come out in force?

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There was a comment recently on our threads about how much $ QPM has been able to get committed, without being able to get enough to build out their project.

given they plan to import ore from new Caledonia, I wonder if supply chain risk has anything to do with it

ARL Price at posting: 65.0¢ Sentiment: Buy Disclosure: Held
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