Ksvs,
Can you give me some context on how the BHP restart solves Widgee Nickel's problems at Mt Edwards? I dont know the intricate details so that would be good.
I don't disagree with the speculation re Indo/China etc, but I can't see any cleaning up/reduction due to environmental concerns in the next 5 years. China has poured billions into the region, there is no way whatsoever they are going to go, yeah, nah, youre right, lets start worrying about the environment and pull up stumps. China wants their nickel from Indo and Indo will be supplying them with their nickel no matter the consequences at the prices China will be setting as the dominate player in the game.
The green movement got a dose of reality in the last year. People are all happy to sign up to it, until it hits their hip pocket. Going down a rabbit hole, I know I whinge and whine at $2/L diesel, I can only imagine how much Im screaming if overnight Im paying $4/L diesel because its ungreen.
Long term I am a bull of nickel, but there are projects that have legs (like Centaurus Jaguar - Sprott has a holding, the original scoping studies were done at more realistic Nickel prices), and then there are projects that just have none (Mt Edwards IMO based solely on the scoping study presented yesterday). My biggest question in all this that I cant answer is why did the share price go up on the reveal of the scoping study? That just makes no sense to me whatsoever. Did the market previously price in that the scoping study would need nickel to be USD30k/t to be viable?
- Forums
- ASX - By Stock
- Ann: Standalone Mt Edwards Project Scoping Study
Ksvs,Can you give me some context on how the BHP restart solves...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WIN (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $10.88M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.3¢ | $3.946K | 118.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 132731 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 117808 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 132731 | 0.033 |
1 | 138384 | 0.032 |
2 | 28700 | 0.031 |
1 | 20000 | 0.030 |
3 | 134482 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 117808 | 2 |
0.038 | 135423 | 3 |
0.042 | 126821 | 2 |
0.043 | 150000 | 2 |
0.044 | 279651 | 2 |
Last trade - 15.51pm 13/09/2024 (20 minute delay) ? |
Featured News
WIN (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online