I agree that the Ni price will take some time to recover but where do you want to compare the price increase with??
If you compare it with the NI $24 /lb yes we may have to wait years for this to happen again.
But WSA does not need such a high price to carry a multiple share price from where it is now.
Even a share price of around the us$7 or US$8/lb and with a yearly production of NI 35000 t/pa this company will make a fortune with a low production profile.
I am not looking at the crazy high Ni prices we have experienced in the past, and not even at a doubling of the current Ni price.
WSA does not need those prices to be an outstanding performer.
jojo
WSA Price at posting:
$3.77 Sentiment: LT Buy Disclosure: Held