Y4, czn won't be taken over at this point which you elude to in my view.
The time is not yet, but in 2022 and forward there will not be enough nickel to meet demand.
There is a very big difference between today's ni price and 25k per tonne future.
I bet you did not think gold would go 400 to 2000 per oz. It has due to shortage.
Czns ore is most certainly profitable at 25k a tonne.
When there are shortages, all stumps are pulled out to meet demand, vales Thompson will most certainly be after feed. They will buy 50k, 100k tonne deposits, mine them like a quarry and truck the ore.
Its easy if czn is taken over, someone places a bid and buys, management do not get any chances to look after themselves like you think because the share price will trade at the bid price.
So I am happy to sit it out for the time when ni is liquid gold.
One needs to wonder, considering czns present performance, why holders are not selling greatly, maybe they see the nickel shortage like I do.
I do know by lack of selling, they are not reading your posts.
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $3.339M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $75 | 15K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 5048837 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 295495 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 5048837 | 0.005 |
25 | 10555259 | 0.004 |
12 | 6970332 | 0.003 |
7 | 9801000 | 0.002 |
8 | 14800024 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 295495 | 3 |
0.007 | 2927797 | 10 |
0.008 | 1834480 | 8 |
0.009 | 500000 | 1 |
0.010 | 149999 | 1 |
Last trade - 10.08am 01/11/2024 (20 minute delay) ? |
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