Just a little tip to MLX followers- Do you ever look at the US...

Just a little tip to MLX followers- Do you ever look at the US site **promotion blocked**? The precious metal (gold etc) site. dealers. They publish a lot of independent commentary. One little beauty at the moment is one about a perfect storm so called coming for nickel. From the customers point of view, that is. It contains the following:

1. No major nickel deposits have been commenced mining for 10 years. It takes about that long to get a big mine going.

2. Global overstocks have been running down and will be exhausted in a year or two.

3. Batteries require a lot more nickel than lithium. Elon Musk has said that Lithium ion batteries should be called nickel ion batteries. The storage capacity is mostly determined by the quantity and quality of the nickel in the battery. 30 kilos are required per car.

4. In a normal market without overstocks and no electric car battery demand, prices would usually home in about $15,000 US /ton. Currently around $12,000.

5. The type of nickel used will come from sulphide nickel deposits- important from a technical point of view. So battey makers would then be taking this out of the market.

A very large surge in nickel demand is forecast in a couple of years time. Price? Whooshka!

Wingellina nickel fine for the current main uses such as stainless steel manufacture. If battery makers bid the preferred type up, the stainless producers etc for metallurgical uses will be seeking new sources of supply. These buyers are established and large, with much less risk attached than a new greenfields battery producer.

Where can new sources which are fast track possible (all JORC, permits, testing, done etc) preferably in an A grade low political risk source?

Here is one. Wingellina/MLX. The train has not arrived just yet but if you put your ears to the wind you might be able to hear it coming.