Ukraine war has been escalating from day 1
its going to get a lot worse.
the N1 eclipse of 1969 was caused by vietnam war Ni shortages with a run of 1000% on NP
the west & russia both ran out of Ni to produce weapons from.
Same is happening now but much worse imho
russia/soviets ukraine iran china serbia are mass producing more weapons, tanks & artillery now than that during WW2.
This sharp drop in western Ni stock can be seen on the LME Ni stock levels now at levels below the N2 eclipse of 2007/2008 despite annual global nickel sales are now double that then (1.3mtpa v 3.0mtpa now).
ukraine war makes vietnam look like childs play
its residential ground combat using artillery, rockets UAVs and troops
total war deaths in ukraine just on the ukraine side have exceeded all yankee deaths from both WW1 WW2 already. Its like WW1 in those trenches.
Global military production is skyrocketing as are EV sales and this has noit been factored into account at all as yet so the N3 eclipse is imminent imho.
the fake news of Ni surpluses in china/indonesia are irrelevant in the west.
that stock is unavailable for western manufacturers and western military factories.
You might be able to buy chinese bullets or shells at quadruple the cost though. LOL.
Tesla/Musks largest EV production factories are in China, he is dependent on chinese nickel for his EVs as BHP & western nickel is in serious trouble right now and he foresaw this last few years already.
"The US and Australia announced on Saturday at the G7 meeting in Japan that they would partner to manage vulnerable critical mineral supply chains, with President Joe Biden saying he would ask Congress to define Australia as a domestic source for materials critical to defence and clean energy"
western market is not ready for these massive Ni shortages
the yanks have placed Ni on the critical materials lists, too little too late.
and the latest ruskie Ni sanctions will make this even worse
the FEDS and Oz industry has failed to invest in these industries to that needed.
BHP cant even fill its kambalda mill, its mt Keith mills nor its kalgoorlie smelter!
and the much hyped kwinana refinery expansion sits underused and also not filled either!
NI BOOM on its way imho.
- Forums
- ASX - By Stock
- POS
- $2 Club
$2 Club, page-670
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add POS (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $9.456K | 2.663M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
83 | 50307585 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 7456574 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
79 | 47433585 | 0.003 |
33 | 55696881 | 0.002 |
15 | 69478697 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 6956574 | 22 |
0.005 | 9336813 | 18 |
0.006 | 9039028 | 14 |
0.007 | 25948936 | 12 |
0.008 | 5500000 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
POS (ASX) Chart |