Howdy mick z,
There are exciting times at hand with price, demand and stock.
Nickel is US$6.27 = A$7.98 (US$13345 =A$16992/tonne)
Cobalt is a whopping US$84000/tonne = A$106973
Since December 1, 2017, LME stock has plunged from 380100 to 328998 tonnes
Additionally, it appears that battery grade nickel is achieving a premium to the published price.
Further, the predicted demand growth for battery grade nickel is expected to be at about 20% per year on a 10 year prediction.
Some additional decent intersections at MA, will auger well for low cost shallow mining based on increasing demand and higher nickel prices as well as the various credits for CU, CO and PMG.
Cheers
Mulac1
excitement plus, page-19
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Last
2.7¢ |
Change
0.002(8.00%) |
Mkt cap ! $26.69M | |||
| Open | High | Low | Value | Volume |
| 2.6¢ | 2.7¢ | 2.6¢ | $48.20K | 1.801M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1287715 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 720300 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| SGQ (ASX) Chart |