I have mixed feeling with Ni price at this high levels. If the EV industry is to grow it needs Ni a reasonable price same for steel productions.
We saw Nic sp up 2 days ago with Ni price restart trading at $31000/t, but at higher price its disruptive for the market, trading stops and Nic sp suffer with in mind what happened during TD short squeeze.
If LME and to some extent Shanghai metal market stop to function, metals trading will resort to bi-lateral trade with prices agreed contract by contract, this if the economies are to keep functioning.
Big chaos out the it will take time to readjust...
For Nic we can assume that we are selling at much higher prices, I think the company soon or later should come out with an announcement on current situation on Ni market and prices...
For the coming quarter report January Ni sale contract was still at $18000/t but hopefully Feb. and March are at much higher price,
still I wouldn't expect much improvement in profit, given higher costs of production.
What I am looking for is info on increasing production from Angel project, and confirmation that higher prices are filtering trough..
All in my opinion. dyow
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