Nickel Boner Update, page-2270

BMW EV deals another rocket for the NP.

BMW now joins Tesla GM VW with massive EV battery demand, but look at their supply contracts, samsung, china, sweden, pathetic & rare, china nickel shortages now let alone by 2025 & not even using LJ or Panasonic.

and look at the projected car sales 120kpa to 1.2mpa, 10 x multiple in 8 years.
Tesla moving to 1Mpa EV sales projected to go to 4Mpa with Giga factories.

the Ni supply is nowhere near the demand.
the NP nowhere near the market price.
Ni production in a massive ever increasing deficit.
China Korea Tesla BMW cant get supply on agreed contracts now let alone in 3 years time it will be even worse.

the offtake deal taking 6 months longer will likely deliver us a massive windfall in upfront cash, better terms, higher margins FCF & revenue.

offtakers & battery suppliers will have to intervene into Ni production & demand more production, more drilling, more processing plants & more resources. Just like in indonesia but globally.

And WA stands alone in the best quality highest grade most stable & secure, & greenest of them all, as Tesla said.

NP could be 10-15 by christmas, this time Santa will be delivering big bonuses not the AF grinch lumps of coal.

this monster producer is about to take off & the 60s high flyer is about to become the 20s high flyer using its massive plant capacities & massive JORC resources.

POS & PH may have timed this to perfection.