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2.94% 3.3¢ win metals ltd

Ann: Widgie Nickel Quarterly Activities Report & Appendix 5B, page-19

  1. ProCapitalism
    4,712 Posts.
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    05/02/24
    18:33
    Post #: 72248295
    Commodities are cyclical, they all move in boom, bust cycles.

    The lithium & nickel price will recover one day. The fact that mines are closing is a good thing (not for shareholders in those companies) but for the market in general. It reduces the supply of lithium & nickel in the market. Less product & a pick up in demand one day will mean the price for both commodities should recover in time.

    When?

    How long is a piece of string?

    WIN is sitting on valuable assets, so that's a bonus.
    WIN Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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