ALB 0.00% 4.5¢ albion resources limited

nickel price spiking, page-10

  1. 13,988 Posts.
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    RKS,

    There's no doubt that if ALB can ride back through to 8/lb anyone buying now could well have a ten bagger, however I'd see 6 as more realistic until we get some global growth again, and I still fear sub 4 (I hold some WSA and HEAPS of IGO). I've been completely wrong on the pon all this year so no doubt will be again (ie $2 or $20 perhaps just as likely).

    Interesting if pon rise is predicting stocks a month out (which would about correspond with the start of the closure announcements a couple of months back).

    EL
 
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