Hi @eshmun Of course the world will need nickel, stainless and...

First 9 Last

Share
Profile

Follow
philh9

11,885 Posts.

612

16/06/17

16:37

Post #: 25322946
Share

Originally posted by eshmun ↑

If I can be so presumptuous I think the market is missing the point with the the nickel price and WSA.

Nickel is a commodity that dances to it own drum. The recognition of its growing use as a technology metal is also lagging other battery materials. Are the Ni concentrates/laterites that come from wet lateric areas capable of competing in this market? I'm not sure but I'd image WSA is more capable of supplying this market together with those high value Ni sulphate(?) products it's developing to directly supply the manufactures of batteries.

Just like the energy stocks I think the bottom might come for WSA when markets are more glum and there is plenty of potential for that with the S&P 500 up close to 26% since its little correction last January.

I'll be waiting and circling WSA this year along with companies like STO and ORG for great bargains if the market dives. Confidence will eventually break in markets but people will keep needing nickel. Eshmun

Expand

Hi @eshmun

Of course the world will need nickel, stainless and plating alone will take care of all that without other exciting uses. It is more about what you pay. I set a pot out last night, but I was a tad too greedy so it's empty right now, still is possible to fill, it's June and we always have desperadoes.
No matter these are good buying days IMHO.

Cheers
Phil.

WSA Price at posting: $1.93 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

DRO

History repeats for DroneShield investors but carnage so far subdued

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

AII

A new NASDAQ listing for a key player in the global critical minerals space

First 9 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Hi @eshmun Of course the world will need nickel, stainless and...

Top Stories

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

HotCopper Highlights: Trigg; Droneshield; Lumos & more

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

History repeats for DroneShield investors but carnage so far subdued

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

A new NASDAQ listing for a key player in the global critical minerals space

Featured News