Nickel Rose again..., page-58

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charliek

1,325 Posts.

02/06/15

08:40

Post #: 15393777
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Originally posted by rusty02 ↑

Hi All
Yesterday;
Nickel down 0.8%
Today;
From Bloomberg

The rising greenback capped prices during a mixed night on the London Metal Exchange. Copper edged up 0.1%, aluminium 1.3% and nickel 2.8%. Lead dipped 1%, tin 1.5% and zinc 1%.

Would of been a huge night for Nickel if it wasn't the rising US$. Bring Nickel back up to approx 12% from last months lows.

SI Courtroom;
Decision due Friday.
Then;
*Drill results currently at lab
*New targeted program in Isabel and West Guade
*Drill program commence at San Jorge. Expecting better grades than K & H Ridge's <1.96% Av Ni Saprolite zone.
*JORC
*EPA Gov approvals
*ML, both Isabel and San Jorge
*Fundies on board with $4.8ml court costs
*Off-takes, one with possible facility option.
*Site commissioning and implementation (Anitua)
*Production schedules.

Cobalt 0.7-0.8% Av Grades:
Due to Lithium Ion battery demand world wide cobalt could be a great petty cash earner for AVQ in the near term. Especially in the type 2 and type 4 based on lithium-manganese-cobalt electrodes. Designed for full domestic non grid compliance.
Nickel Ion batteries;
Long life of 30-40 years and can be completely discharged and overcharged making them an excellent choice for us dummies. Can be left uncharged for years and will start up again upon charging.

Awesome the advancement in batteries that are on the table and commencing production commercially.

GLTA
Cheers
M

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Hey Rusty

You're not ramping again are you mate

AVQ Price at posting: 40.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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Nickel Rose again..., page-58

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