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0.7¢ sultan resources ltd

Ann: Calesi Nickel Prospect Drilling to Commence, page-48

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OldMon3y

682 Posts.

166

07/03/24

14:44

Post #: 72795310
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Originally posted by Crimsoncarp: ↑

I can see you are genuine and offer my apologies as a result.

Yes the Chinese currently have a strong hold on the nickel market and all many of Australia's Ni-sulphide deposits are tired and uncompetitive. However,
the bottom of the Nickel price curve is still made up of high-quality Nickel-Sulphide deposits in the form of Norilsk, Nova and Jinchuan. Norilsk for reference is the most valuable orebody on the planet.

There is no point thinking about what is happening here from the perspective of a mine or a profitable one at that. This is a tiny exploration company with a very interesting target that will most likely hit a false positive and most of us will make a small loss and move on.

However, they may on the off chance find something and that is the name of the game.

Cheers,
CC

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No worries.
That's interesting !

SLZ Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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