MBN 0.00% 8.3¢ mirabela nickel limited

Yeah, looks like Indonesia is NOT going to cut exports of nickel...

  1. 1,566 Posts.
    Yeah, looks like Indonesia is NOT going to cut exports of nickel ore as promised because: 1. hurts too many Chinese producers. China would 'heavy' them to a degree to not cut cold turkey. 2. hurts their own producers.(goes without saying). 3. China is investing in processing facilities there, this is what Indonesia wants. 4. Indonesian elections are approaching next year, not a popular move. GLTA holders, I hope you like being holders because I suspect you will be holders for a long time yet, perhaps eternally. I had 2 companies go to zero on me in 2009, at least this time I got out above zero. Too bad, the market is swamped with supply and will continue to be for quite some time to come I fear.
 
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