REZ 3.85% 2.7¢ resources & energy group limited

No one is giving any value to REZ nickel assets, I think Nickel...

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  1. 455 Posts.
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    No one is giving any value to REZ nickel assets, I think Nickel has bottomed and is starting to move up, New Caledonia riots will have given a boost to the nickel price and no one knows how long this instability will last. Most high cost Nickel mines have mothballed or in the process of halting operations in countries like Australia and this will change the supply vs demand dynamic in the near future along with Indonesian Nickels ESG concerns. REZ will be able to make use of it's gold assets to get a good leg up in the SP when it starts producing gold shortly and when the demand dynamics changes for Nickel, REZ will be able to use it to maintain the momentum even if Gold prices have a dip in the future.
    Last edited by Chocolate9: 24/05/24
 
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