SMY sally malay mining limited

I think nickel price is stabilising at these levels - around...

  1. 302 Posts.
    I think nickel price is stabilising at these levels - around USD30K/Mton. Spread between 27 month contract is narrowing, and SMY is trading on low P/E much lower than JBM, and with a maiden divi value to be announced shortly. I think it is probably oversold at these levels.
 
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