Niplats (NIP)
HI Goldnut,
re. (NIP) .
.....Hmmmmm....
. If you read the last (NIP)-- ASX released Vanadium Drilling Reports carefully, and combine this reading; with a close look at the last Niplats AGM Presentation; that was also posted on the ASX.... there are some very positive aspects about NIP's progress and immediate outlook; imo, to dwell, nicely and calmly upon.
(1) Vanadium as an industrial commodity; is holding up its secular long term trend price just fine; as Vanadium is used, (as you know), in Steel Production.... so therefore it is more of a India, Germany and China 'demand driven Story' than a USA housing story.
(2) Did you also see .....???....the mention that they (Niplats)_ (NIP) had found ....Fluorite...!!...--yes fluorite-- in potentially commercial quantities.?!?.
Now research tells us that; the mineral 'Fluorite'--- has nearly doubled --yep--doubled-- in commercial Spot price over the last 3 months....in $US dolars on world markets...
There is a pressing global shortage of fluorite, so therefore; demand globally is now quite High for reliable suppliers of fluorite, and this is expected to continue for some years.....
This fact; is, imo, of great interest to Niplats (NIP)--holders in my view now.
(3) As a final reflection; do when you get chnce, have a little look at the recent last few days and weeks, of actual trading in Niplats (NIP) stock....
It is also quietly; very encouraging, if you look Under the surface....and especially compare the size of relative buyers to sellers.
Kindest Regards,
Robbo.
PS, Next drilling Report & Analysis; for (NIP) due VERY very soon; according to (NIP) last AGM presentation.
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