Wouldn't write Europe off, more depth to it's wealth than that of it's rebel colonies.
Huntley ain't my sage for nickel, or anything else for that matter. 55,000 nickel was a bubble and had to pop, symptom of the impending GFC. Not saying it won't again, but watch out if it does. Given idled production, and pig nickel I'd say you'd be better looking elsewhere for the next few bubbles.
As Chis Bonwick says, we don't want much higher nickel prices, they are good where they are, we'll only get a price collapse if we get another bubble.
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nickel breaks us $12.50 per lb, page-11
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