Hi all, I've just recently started looking at this stock and even without being overly bullish on Ni it looks like good value on both a resource and earnings multiple. recent posts mention chinese demand, nickel demand/supply dynamics etc as reasons for SP underperformance though doesn't really explain why lags so far behind other Ni players such as MBN, WSA, and IG. Would appreciate any insights as to why has underperformed as still working through this one - costs higher than peers? prices locked in with off takers over long term and therefore no benefit from increasing Ni price?
PAN Price at posting:
$2.16 Sentiment: None Disclosure: Not Held