BSX 2.08% 4.7¢ blackstone minerals limited

yeah mate, short term think will see nickel spot back between...

  1. 796 Posts.
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    yeah mate, short term think will see nickel spot back between 20-30k range once this madness ends.

    long term though as bhp, fmg & other majors have mentioned many times they expect prices to be 3x around mid decade (that was when spot was around 15k so expecting 40-50k long term).

    even if it’s 36k, our NPV will be massive & better if more of the remaining 20 sites (& potentially Chim Van) become mines increasing supply assurance.

    who knows what flying nickel & other investments yield in 2-3 years as well. this 45-50c area feels like another round of accumulation by MMs to me, weather they offload this at 72-90 or at 1.3-1.6 who knows.
 
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