There are forward contracts already in place with China etc, the solid profits will be revealed in Feb, just around the corner.
Indo will need time to turn on the taps, secure selling into China - nickel mining is not as easy as shale gas.
It is like getting the QE2 to do a quick u-turn, not happening!
In summary, I wouldn't dare short this, not after this last precipitous drop, over 20%!!
There are forward contracts already in place with China etc, the...
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