That's got me wondering what the terms are on the loans from the...

First 20 Last

Share
Profile

Follow
rick26

5,517 Posts.

302

26/05/24

12:10

Post #: 74012289
Share

Originally posted by Montalbano: ↑

1. Ni price had a good rebound last night, to US $20318 p/t- up US $234.There have been 2 days of falls.
As I previously wrote c.1 week ago, I expected a pullback, & fall to below US $20k p/t for a while- then for the uptrend to continue. Will this eventuate?

2. China is trying to "shackle & unfairly" undercut western mining companies, & crucial western mineral supply chains etc.
Can BSX's green , refined Ni sulphide battery precursor chemicals be a counterweight to the current Chinese domination of EV etc. batteries

(Also, the USA has, c.1 week ago, announced tariffs of 100% on Chinese made EV imports etc.- but not yet,directly, on China's use of anti- ESG, cheap, & very high CO2 Indon refined Ni laterites.The US stated China is providing unfair subsidies etc. which, it claims, flout WTO rules.

The EU, also, is currently conducting an official, related enquiry, re Chinese unfair EV subsidies etc.; & has stated it may implement similar measures soon against China).

Thanks@MtnMusicfor posting the direct quote from the 21.5.24 New York's prestigious Wall Street Journal; & the QPM tweet of 20.5.24.Post #:73970359

Wall Street Journal 21.5.24 said

"...Like other western miners, Talon says it isn't a fair fight. Chinese nickel companies receive cheap state financing as part of astrategicimperative to gaincontroloverpricing...".
" All the western projects have to meetmarket-based economic criteria..."

The mineral industry is a national priority for Beijing. Metals & mining investment under its Belt & Road initiative hit record levels last year. Chinese official lending for minerals projects in developing countries typically offers lower rates than commercial loans (to Chinese companies- my words)..
Meanwhile, western companies struggle to get loans...western banks are reluctant to finance projects in risky-mineral rich countries, and that China is often the only player".

QPM Director S. Grocott tweet, 20.5.24, said

"The forecast nickel sulphatedeficits, and the growing desire of North America, the EU, & northern Asia for low cost, clean, battery chemicals supply are manifest (all emphases, mine)".

Expand

That's got me wondering what the terms are on the loans from the various Export Credit Agencies we're hoping to help finance Ta Khao. Do they have to charge a market rate? I suppose that's possible as they must answer to the electorate

BSX Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

IXR

Ionic Rare Earths falls -7% as momentum slips on vague production update

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

HAR

Haranga jumps +7% on Lincoln acquisition

NUZ

Neurizon inks $1.5M loan against R&D Tax Rebate

First 20 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 7.0¢		Change -0.004(5.41%)		Mkt cap ! $118.0M

Open	High	Low	Value	Volume
7.5¢	7.6¢	7.0¢	$105.5K	1.461M

Buyers (Bids)

No.	Vol.	Price($)
7	2562353	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.2¢	1469	1

View Market Depth

No.	Vol.	Price($)
6	2554353	0.070
2	200000	0.069
1	322016	0.068
1	160000	0.067
1	75800	0.066

Price($)	Vol.	No.
0.072	1469	1
0.073	52363	2
0.074	96308	1
0.075	270000	2
0.076	822160	3

Last trade - 16.10pm 30/07/2025 (20 minute delay)

BSX (ASX) Chart

That's got me wondering what the terms are on the loans from the...

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Ionic Rare Earths falls -7% as momentum slips on vague production update

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

Haranga jumps +7% on Lincoln acquisition

Neurizon inks $1.5M loan against R&D Tax Rebate

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

That's got me wondering what the terms are on the loans from the...

Top Stories

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Ionic Rare Earths falls -7% as momentum slips on vague production update

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

Haranga jumps +7% on Lincoln acquisition

Neurizon inks $1.5M loan against R&D Tax Rebate

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News