Ann: Quarterly Report to 31 December 2016, page-21

Evening Ulysses,
Well, I'm frankly becalmed by everything at present. Dunno where we're going : )
Here's nickel daily with RSI... The down-sloping line is a re-drawn "proposed neckline" on the weekly... I had to change it because my old one broke!! : (
There's a lot of talk about the effect of Indonesia's change of policy so it seems like a guessing game at present. Appears a decent nickel run up short/medium term looks less likely now, but that means absolutely nothing. Bit like predicting uranium, iron ore and oil prices, these calls are an exercises of playing pin the bloody tail on the platypus! In other words, it's as likely to be 50% higher in 6 months as not. POS struggles on. Li will take time with KDR but as we all get sick of saying, it'll need the nickel price to ignite this market.
Cheers, Kip