So it will be March 24th on the ASX that starts to set Nickels direction locally, may take a few days to evolve if there is a 5% (+ -) limit?, and that's many days trading for it to get back to the low $20,000 if this is at all likely considering the supply constraints?
I wonder how these restraints will impact on hedging activity?
All Nickel miners would have made their plans towards production at prices I'd expect below $20,000, the returns on marginal costs where Nickel is close to $40,000 for some days ahead of LME Wed., I'd expect to be keenly sought after?
So how come a large number of Nickel stocks are pulling back at present?
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So it will be March 24th on the ASX that starts to set Nickels...
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