Ann: HNI Commences Transition to Nickel Matte Production, page-16

I would beg to differ. Current price on Shanghai exchange is $26500 so 5000mt from two lines a month at that price suggests great profit if cost around $14,000. That alone could generate $40million profit. You get another two lines in and that’s $80million.

The great news is now they have the motivation to get more lines converted. Cost will drop and demand lift as steal miles around globe shut down and or go broke.

I hope it drops to $0.50 I’d buy as much as I can get my hands on as it will be massive returns in the future and especially after debt cleared or cut by 3/5 next year.

As they say buy when others are fearful. This company is heading to be the most complete nickel set up globally as own massive massive resource in best location and at the lowest costs and insanely big production poteialif battery grade nickel matte.