Agreed, i think this has got a run to at least 85 given the nickel prices. Just because they shut down the exchange doesn't mean the metrics aren't there for there to be a serious shortage of nickel supply over the next couple of years. Especially as no one is going to buy from Russia and they accounted for 10% of the worlds supply.
So given all that and the current nickel prices i would think the NPV of NC1 would be over $4 billion....hang on to your hats.
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