That was a massive rise for nickel last night . Up over 6%.
If it can hold these levels or further improve Copernicus must be starting to look reasonably profitable.
Be nice to have that money coming through instead of having to sell UMC, until they can maximise their investment.
If they can avoid another capital raising that's good for us shareholders...keeping the stock tight as possible.
Looks like we have a few more of those weak cats and tiddlers which will soon make way for an afternoon rally.
Regards
Dabru
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