WSA
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0.00% $3.86 western areas limited

WSA invest in Panoramic Resources?, page-12

  1. equityma
    2,171 Posts.
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    01/10/19
    20:37
    Post #: 40672348
    The pon is going to raise after 1st October when European curbs anti dumping export from Indonesia stainless steel products after Indonesia has dumped the products to Europe following the tariff retaliation from China to prevent cheaper stainless steal to hurt Chinese producer.
    Chinese producers also lowered their prices to compete with cheap products fron Indonesia.

    Ni has 3 driving forces.
    1. Indonesia export ban
    2. China and European Anti-dumping duties to Indonesia stainless steel products
    3. Depleted LME warehouse.

    Ni will be in full swing as well as Wsa.


    Last edited by equityma: 01/10/19
    WSA Price at posting: $3.17 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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