I don’t think it’s quite correct to suggest that “there is little talk about nickel”. First/early movers got into gear some time ago and several have already refurbished and re-opened nickel mines that were on C&M for a few yrs (I think Panoramic is an example) and others have ramped up production of existing operations (e.g. BHP I believe).
Forecasts for Nickel are generally very positive (shortfall supply, rising prices) but just like other commodities there will be a limited number of genuine projects that can & will be developed in time to produce the goods & take advantage of this end of the price cycle.
Latecomers will likely reduce that supply shortfall and trigger the decline of the nickel price as we’ve seen time & time again in commodity markets.
Time is critical for ARL and the KNP. If the project is left on the shelf for (say) another 12 months before any decision to develop, the medium term pricing fundamentals of nickel could look quite different.
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Last
48.0¢ |
Change
0.030(6.67%) |
Mkt cap ! $93.85M |
Open | High | Low | Value | Volume |
45.0¢ | 48.0¢ | 45.0¢ | $27.59K | 59.06K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 47.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 41761 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4999 | 0.470 |
1 | 2500 | 0.465 |
2 | 2583 | 0.460 |
1 | 4420 | 0.450 |
1 | 7150 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 41761 | 2 |
0.490 | 31598 | 4 |
0.495 | 2000 | 1 |
0.500 | 4400 | 3 |
0.510 | 10500 | 1 |
Last trade - 14.25pm 08/10/2024 (20 minute delay) ? |
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