NIC 0.61% 83.0¢ nickel industries limited

Ann: Ceasing to be a substantial holder, page-62

  1. 2,040 Posts.
    lightbulb Created with Sketch. 529
    All you need to know is that it is very highly likely that nickel in private storage will be used by tsingshan to flood lme warehouses. Word on the street is that it’s close to 100kt, which should more than double nickel inventory held in lme warehouses. Nickel that nobody knew existed. That’s the integrity of the business partner NIC has. Trade the trade but I would tread carefully here in terms of a long term investment. All imo obviously.
 
watchlist Created with Sketch. Add NIC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.