I know a lot of ppl have been concerned about the recent sharp pullback in Nickel Price and how this will impact Nickel Stocks.
Looking at the 1 year and 5 year chart, the price still looks pretty strong to me, it was always due for a correction. The Nickel Matte suitability for entry level EV did shock the novices but this is not a new concept for those in the know and will likely be china usage only. Once people research and understand the Nickel Matte process They will see it has a higher carbon footprint and not clean nickel the US and Europe are screaming for. Yes is will have an impact to entry level batteries but not the EV revolution which we are invested for.
ALSO please remember LEG had a Market Cap of $600M when Nickel was $5 a pound!
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Change
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Mkt cap ! $34.91M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $120 | 10K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3535497 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 421002 | 3 |
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No. | Vol. | Price($) |
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4 | 3535497 | 0.012 |
6 | 1880006 | 0.011 |
7 | 1165237 | 0.010 |
2 | 1211111 | 0.009 |
3 | 1493800 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 421002 | 3 |
0.014 | 1172592 | 4 |
0.015 | 8200 | 1 |
0.016 | 318075 | 5 |
0.017 | 1303348 | 3 |
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