I think the price of Ni is trying to find a bottom
Mines are shutting everywhere so supply will be cut soon
Tell me with the level of cash they have can't they afford to dig up the Ni and just stock pile it until the price recovers
This stock was in the Fin Review a few ago as one of the top ten mines to survive the sustained period of low growth
Either way at $3, bargain
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- announcement and then 10% loss
announcement and then 10% loss, page-7
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