Very true raining1, island projects are anything but hot at the moment, with environmental issues the main stumbling block.
New Caladonia has also ran into huge problems regarding dumping of wastes into the Pacific (this kind of stuff usually doesn't worry the French Government, but this time they have to sit up and take notice).
Demand is expected to outstrip supply in nickel bye around 2.5% in 2002, the first time in years. With Asia estimated to consume 32% of the worlds nickel, Australia stands in good stead.
Bomber
AEX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held