MBN 0.00% 8.3¢ mirabela nickel limited

Any hope for MBN?, page-584

  1. 3,914 Posts.
    That is the only good thing from a Trump wins, many think the USD will decline so normally the commodity price would go up (i.e. what happened from start of 2008 after the GFC when the USD was very low) and this could cause a spike in the PoN which means some of the owners of the nickel concentrate stored at the LME listed warehouse would sell at $5.2-5.5US/lb, which is still very cheap but beats selling them at $4.5US/lb, then this could possibly cause a drop in the LME resulting in a sustained rise in PoN.
 
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