Some posters sent some efficient links about nickel markets.From it we know 50 to 60% of production is at loss.At 4.15 is almost a suicide.
If stocks is not below 300k soon, Glencore..Vale and others will stop production.
I think whatever the conditions of market, I think they will do it to shock the markets.Glenmore and others balance sheet is getting at a critical point..Others minerals are far away from a big recovery..We know nickel is the best mineral to bounce back after such a massive share price drop...Again miners cannot survive another 6 months...
So we can expect good thinks coming out soon..very soon
About us we are obe of the best high profitable company..If our COP is average let say 4.25usd per lb including SS, LJ and windara..imagine if ni price is just sitting at 6 usd/lb...POS is well positioned....All next investors are saying what we really builb..Basically the second largest ni producer at the lowest COP. POS IS UMBEATABLE
Nice time ahead...
Fredy is Pos Mascot
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Mkt cap ! $21.01M |
Open | High | Low | Value | Volume |
0.5¢ | 0.6¢ | 0.5¢ | $41.30K | 8.160M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 931783 | 0.5¢ |
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Price($) | Vol. | No. |
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0.6¢ | 32143659 | 31 |
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No. | Vol. | Price($) |
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3 | 931783 | 0.005 |
70 | 91224854 | 0.004 |
76 | 56077671 | 0.003 |
19 | 44427935 | 0.002 |
12 | 33278647 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 32143659 | 31 |
0.007 | 4409550 | 16 |
0.008 | 3228468 | 8 |
0.009 | 1048928 | 4 |
0.010 | 4567013 | 8 |
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