I doubt the nickel price will have much effect atm, its not like they are producing or will be for the next 6 months id say.. ..so exactly, by then nickel prices may well have dropped.
I just think its not smart to assume that nickel prices are low so SIR wont do well off this discovery. They are still exploring.. ..nickel prices will have a more profound effect further down the track. Right now its about what they find and how big it is.