Ann: Investor Presentation - Fast Tracking Nickel DSO Projects, page-51

Nickel only price holding up and going up.

are we foing to see repeat of 2006 amd see nickel at $ 50k?

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Nickel prices fell to around $20,000 per tonne, as part of a market correction after rising to a decade-high above $21,000 a tonne on October 20th. The fundamental outlook for the metal remains bullish on growing concerns over supplies coupled with firm demand. Nickel output from the Philippines, the second-largest producer, is expected to be 10% lower than the annual average due to frequent rainfalls and fewer vessels coming in. Also, the latest data showed nickel production