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clock Created with Sketch. 25/04/23
22:10
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Originally posted by ASXaverick
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doesn’t take much research to identify that whilst demand is projected to rise massively, the supply side hasn’t got equivalent number of nickel mines producing/coming online to keep up if this projected demand is to be met. Add to that high grade deposits are depleting in numbers and now everyone is open to the economics of lower grade deposits. But this only makes economic sense if the nickel is in large volumes and accessible as downstream processing is still expensive to set up if you’ve only got a smaller deposit.
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All I see here is the next poseidon nickel for those that are not old enough, look it up its legendary .few cents too hundreds of dollars in short time. Hopefully we are the next poseidon.
(20min delay)