I have repeatedly given reasons why BSX is my favourite nickel play on the ASX, and why I think it should be over $1.
Replacement cost alone puts us near this target.
Looking at future profit levels from the current nickel price puts us high than this level.
It’s not a stretch. It was a functioning plant, there is known mining costs and known Nickel deposits. Do the sums, or read mine in other threads.
I’ve been doing this longer than most, and have held almost every Nickel company on the ASX at some stage and was actively trading the last Nickel run where Nickel went to $50k a tonne.
Time will see if I am right.
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Price($) | Vol. | No. |
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