With Nickel Stock plunging daily in the 1300 plus tons, Its now just 260KT . Its down from
470KT in Jun 2015 to 260KT July 2018. A drop of 210 KT. When stockpile was 300KT in 2014,
PoN was 9.Plus US $. PoN now is only 6.30 Plus. At this price, Ni Stockist will be accumulating.
PoN will cath up and deficit will widen. But still no new Nickel mines on the line. Good for MBN,
Stay offline for another 2 years. Save your Sulphide Nickel for the Boom.
COMMO
06st Jul
09st Jul
10th Jul
1
ALUMINIUM
-625
+9275
+1300
2
COPPER
-3525
-4925
+75
3
LEAD
-80
-525
-825
4
NICKEL
-1524
-1326
-1548
5
TIN
+0
+55
+0
6
ZINC
+0
+2925
-1950
MBN Price at posting:
8.3¢ Sentiment: None Disclosure: Held