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Ann: Exploration Update - Iyewe Nickel Prospect PNG, page-3

  1. sandy51
    80 Posts.
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    15/07/24
    16:57
    Post #: 74761669
    So BHP is shutting down its Nickel west operations till probably 2027 as the nickel price is through the floor. LCL dig out a few trenches and find some nickel, then realizing that it's worth nada at the moment will switch and look for some copper and gold. So we will have a bit here and a bit there but no meaningful plan going forward. Looks like a long drawn out bottom drawer process from here.
    LCL Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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