NP UP POS DOWN
yep same old.
NP UP 40c to 11.28
thats aud$37,000 pT
way way above the targetted $23,000 pT from 2016 to 2020
Column 1 Column 2 0 Nickel April 18,04:58
Column 1 Column 2 Column 3 Column 4 0 Bid/Ask 11.2782 - 11.2873 1 Change +0.1754 +1.58% 2 Low/High 10.9183 - 11.3833
And someone capped and dumped, likely AFAF again to put POS back in its hole for now so there appears to be no hope and so the capitulaters will cave in.
With POS whenever it seems nothing is happening and the SP is going nowhere, its the beginning of the RAMP UP.
Sure Virginia its worth $125M with 3 mills, 6 built mines & top shelf ore while MCR is worth $750M with NO MILL and dodgy low spec ore! LOL.
My call weeks ago of NP back to 11-12 soon was SPOT ON.
Should consolidate above 11.30 soon as the massive shortfall in Ni stock in the west becomes more acute.
We need a NP of 15-25 to get the western Ni production running again or forever become slaves to the former slaves of the eastern alliance.
NP is going to BOOM imho.
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