Nickel price is set to rebound.
BHP mines closing all over WA.
They are not a high cost/marginal producer, compared to say PAN who went belly up.
If you can extrapolate this situation throughout the world many other operations will be closing up shop.
There is a lag between prices and supply. Now we are seeing an overcorrection downward.
Restarting production is always much slower than shut down. See PDN in Uranium for example
This U bull run has many years to go, we have a PRIME PROVEN U asset others would love to acquire for peanuts.
We also have the option of spinning off our Nickel business when Ni bounces in the short/mid-term to provide extra cashflow.
Look forward not backward, logical not emotional, and you will be profitable.
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.05M |
Open | High | Low | Value | Volume |
20.0¢ | 20.0¢ | 19.5¢ | $41.51K | 208.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 132854 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 23422 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 132854 | 0.195 |
5 | 58685 | 0.190 |
2 | 34000 | 0.185 |
2 | 62631 | 0.180 |
2 | 3857 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 23422 | 3 |
0.205 | 5238 | 2 |
0.210 | 89095 | 8 |
0.215 | 2342 | 1 |
0.220 | 12659 | 4 |
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