With a election in Indonesian next week and some differences to the current Joko government I think they are pricing in this risk.
How genuinely relevant it is who knows? I have read a few articles with some saying some candidates favor USA of China.
I doubt they will unwind the whole thing even with the most pro USA candidate winning. I would expect just the nickel or at least some of it will go to the USA not China?
I think this stock is cheap. I am surprised to see it where it is I seriously thought close to $1 this week, well I am wrong.
But I will hold, value it is at this price. Too much upside potential. Even with peps like Twiggy calling our "splendid nickel" dirty.
NIC Price at posting:
65.0¢ Sentiment: Buy Disclosure: Held
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