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0.00% 2.5¢ axiom mining limited

Ann: Pre-Feasibility Study for the Isabel Nickel Project-AVQ.AX, page-109

  1. user23
    3,914 Posts.
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    13/08/16
    13:28
    Post #: 18510852
    I think you are right, I don't have a subscription to the Shanghai Metal exchange (and thought it was around 20-25US/WMT) but some did post a screen shot and said it was a recent data and it was around 40US/WMT but looking at this article nickel price definitely hasn't doubled since 2015 so their margin is actually way less than I thought, hence it explains the <3 years (now it makes more sense.....)

    http://www.philstar.com/business/2016/01/15/1542591/nickel-asia-ore-shipments-drop-40
    AVQ Price at posting: 26.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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