"If you like SVY please buy up so i can off load mine to reduce...

"If you like SVY please buy up so i can off load mine to reduce my tax write off."... why the hell would I like or hold SVY, they are cheap for a reason. They are, however, are a PERFECT comp with a GREAT presentation on the nickel market AND Kimberly Lamboo Province DRE has explored and drilled for 5 years and come up with nothing even deserving an MRE.

For the love of God, I've never seen a thread report it's way to greatness and moderating on-topic posts because the reality is uncomfortable won;t help. @salpetie raised the topic of recovering nickel prices on DRE thread because two of their kennel of projects are nickel hopefuls. On the surface this sort of headline might be a salve on a gashing wound, but surely something so important as the STRUCTURAL CHANGE in the nickel market causing so much damage and existential concern deserves more analysis than a lazy thumbs up?

Below is the guts of my posts without link to a very good nickel market and peer comp presentation... because if peer comps are flattering, they are on topic as seen on HC every day, but if a peer comp isn't flattering it;s obviously off topic cross promotion .

Perhaps for existing marginal producers, almost certainly not for marginal would be developers (eg low-grade disseminated-matrix sulphide deposits).

Classic oligopoly market behaviour, except this time the Indonesian oligopoly supply (pricing) behaviour is being managed by the government and not a cartel of producers. Smashing the price with too much cheap Indo production is crazy stuff, as net profits to indo producers and taxes/royalties to Indo government etc is crushed for a few extra tonnes. Individual companies all want to maximise their own profits and so max out production rates for short term gain, bit like Chinese rare earth miners over-produce if the government doesn't step in to better balance supply.

Indo has demonstrated low-cost and market dominating long term capacity such that marginal mines around the world are closing down at the rate of knots. This brings both political blow-back and low margins from finite resources and environmentally damaging mining. Indo is now like Saudi Arabia to OPEC, and will want to maintain dominance at the sweet spot of maximum profits and resource management for the long term imo. No need to own the entire nickel supply, just supply to a price that maximises profits while squeezing enough marginal producers out of the market to make room for the quantity Indo is happy to mine annually...