I think your post was mostly right, but 100 year average for price of nickel is difficult to wrap ones head around. To think the price of nickel was the same in 1920 as it is today is difficult to context. The price of gas then was 10 cents a gallon. The average wage was $6 a day. Price of gold was $20 an ounce. If the price 30 years from now is still the same as today, that would not be good for owners of a nickel mine. You'd hope it would go up at least with the rate of inflation. A lot of variables to consider here.
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76960 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 72533 | 3 |
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| ARL (ASX) Chart |