Fundamentally- there are
significant Supply side concerns , for Nickel Sulphides — (as we all know , and realise )
““
Nickel deposits are made, not found,
and are subject to supply and demand-driven price cycles,” Tartisan President and CEO Mark Appleby told INN.
“
Large scale underinvestment in nickel exploration and development has led to a rising spot price because of perceived scarcity notwithstanding new production that has promised to come online for years now. Nickel futures out to one year are in contango, which bodes well for continued price strength.””
https://investingnews.com/innspired...driving-nickel-sulphide-demand/?mqsc=E3972902
Steady arrival of
good news - is what I expect .
The St George (SGQ) Nickel Sulphide resource which will grow , major rampup now underway with this drill programme.
St George - WILL be a ~ 2020 Mine !
The scope should gradually be revealed , and its an intriguing puzzle and geology to be able to watch — to the point where the commencement of planned development can result - expected through the next months , and remainder of 2018.
And still this is only the beginning .. it takes years to
grow a mine like this one as it is likely to be .
Full mine devt , &
ongoing discovery —
into the years ahead . .. exciting 2020s :
- this is what is expected .
Anticipated- the Excitement should lift significantly from here I think!
'
Frustrating , yet a very good thing - St George has always been a steady ship - since 2012
But BOL to Holders .
