A private source I respect has informed me that the cheap Ni which has flooded the market from SE Asia is low quality used by China for similarly low quality stainless steel. Eventually that will impact the price of the high quality stuff. SS which does not rust, and alloys which are not hot short.
He also said "Its all gold now" - and I agree, but holders of ASO should take note the project also contains 1 million oz + of GOLD.
The focus for me now is to re-assess the value of that asset.
ASO Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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