Goldies also have moved up their estimates for Nickel after CS and JPM a cpl of days ago.
"our bullish 3-6 month view on nickel to a 12-18 month horizon. We maintain our 3-6 mo forecasts of $22,000/t, but raise our 12-mo forecast to $22,000/t from 16,000/t, as we push out our expectation of an easing of the Indonesian ore ban for those companies building smelters until 2H15."
POS has a long way further to go.
DFS Analysis comparative to Other NI Stocks, page-3
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