Thanks for sharing EB ,
So Mr. Nickel gets a giggle when discussing the antiquated BHP basket case and how it fails to make money at these metal prices as his Timmins project (Bulk Tonnage/Low grade) would be literally printing money in the current macro environment .
The rhetoric coming out of BHP and the main stream media that the closures are due to a slump in the Nickel price is laughable as Nickel West couldn't even break even at higher metal prices , and never are there reports of a success story the likes of Nova (Also in WA) and how a modern mine running lean can break even with a Nickel price of $9000/Tonne. and has made money for every year of it's operating life that is soon to come to an end .
When the smart modern mine is built over a deposit with enough Green Nickel / Copper Sulphide to feed a dedicated on site concentrator for at least 50 years it is my intention to take a position in whichever major company owns our Monster .
My short list of potential buyers is
IGO , WYLOO JV (My preference)
BHP , TESLA JV
I don't know anything,
- Forums
- ASX - By Stock
- Ann: Exploration Activities Recommence at Mulga Tank
Thanks for sharing EB ,So Mr. Nickel gets a giggle when...
-
-
- There are more pages in this discussion • 12 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 WMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.5¢ |
Change
-0.010(4.08%) |
Mkt cap ! $20.01M |
Open | High | Low | Value | Volume |
23.5¢ | 24.5¢ | 23.0¢ | $6.9K | 28.60K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 109 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 4504 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 109 | 0.230 |
1 | 50000 | 0.215 |
2 | 116000 | 0.210 |
2 | 54750 | 0.205 |
4 | 30000 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 18000 | 1 |
0.255 | 27000 | 1 |
0.260 | 35000 | 2 |
0.280 | 50000 | 1 |
0.285 | 50000 | 1 |
Last trade - 15.37pm 27/09/2024 (20 minute delay) ? |
Featured News
WMG (ASX) Chart |