yeah mate, short term think will see nickel spot back between 20-30k range once this madness ends.
long term though as bhp, fmg & other majors have mentioned many times they expect prices to be 3x around mid decade (that was when spot was around 15k so expecting 40-50k long term).
even if it’s 36k, our NPV will be massive & better if more of the remaining 20 sites (& potentially Chim Van) become mines increasing supply assurance.
who knows what flying nickel & other investments yield in 2-3 years as well. this 45-50c area feels like another round of accumulation by MMs to me, weather they offload this at 72-90 or at 1.3-1.6 who knows.
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $13.15M |
Open | High | Low | Value | Volume |
2.8¢ | 2.8¢ | 2.5¢ | $8.156K | 298.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 4997 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.022 |
2 | 245499 | 0.021 |
3 | 650000 | 0.020 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 19637 | 1 |
0.034 | 7901 | 1 |
0.035 | 124245 | 2 |
0.036 | 82192 | 1 |
0.037 | 125000 | 1 |
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