SB
Do you buy your WSA on margin or straight out?
Yes, WSA is a low operation cost producer. Still well in the game at $AU15,000/t. I do expect nickel to settle around $AU20,000/t next year. The Chinese are bluffing on the nickel market and will be caught out early next year, but low production costs are still the key to success over other Nickel producers.
Market is still a bit shaky so happy to take regular trips to Rome and reassess, but under $2.00 is a no brainer.
RED
WSA Price at posting:
$1.94 Sentiment: Buy Disclosure: Held