NC1 3.45% 15.0¢ nico resources limited

I think yes but also no.the macro conditions are terrible....no...

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    I think yes but also no.

    the macro conditions are terrible....no one could have predicted how quickly Indonesia would flood the market with nickel. the project factors are still the same nothing has changed, a great asset still exists just the timing.

    there is a lot of rumbling about mineral supply / where it is sourced from. if the western world implements certain policies...price could reverse

    just my opinion
 
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