Interesting read on Nickel demand from Goldman from April 28 2022, so fairly recent. They are forecasting LME Nickel price to be $42000 over next 12 month with an average of $30000 medium term. Certainly, the market conditions can change so is their analysis. That is to the discussion regarding the price of Nickel in the recent feasibility study ($25000) and how it is too high for the earnings estimates etc.
It is worth to read the full report as it covers many great points. Deficit for class 1 Nickel will continue to take place till year 2030 along with increasing demand (page 9-10).
https://www.goldmansachs.com/insights/pages/gs-research/nickels-class-divide/report.pdf
- Forums
- ASX - By Stock
- QPM
- Ann: TECH Project Feasibility Study (amended)
Ann: TECH Project Feasibility Study (amended), page-25
-
- There are more pages in this discussion • 6 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 QPM (ASX) to my watchlist
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $83.18M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $93.14K | 2.823M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 4272498 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 143598 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 4262498 | 0.032 |
8 | 1607021 | 0.031 |
10 | 727998 | 0.030 |
6 | 1057538 | 0.029 |
2 | 415625 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 50000 | 1 |
0.034 | 530602 | 1 |
0.035 | 500000 | 1 |
0.036 | 600000 | 4 |
0.037 | 422946 | 3 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
QPM (ASX) Chart |