Here's the nickel story well explained. The current price is nonsense and the LME will likely start trading nickel in the normal market price range on Friday in the UK. I have never been happier with the way that IGO is behaving. The Lithium price is legitimately through the ceiling.
https://www.mining.com/nickel-price-spike-purely-financial-but-tsingshan-effect-could-linger/
Ann: Euroz Hartleys Conference Presentation, page-13
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Last
$5.33 |
Change
-0.250(4.48%) |
Mkt cap ! $4.036B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.45 | $5.33 | $25.01M | 4.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 66945 | $5.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.39 | 1850 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| IGO (ASX) Chart |