I was on the ball with this one eh Jojo? LME showing Nickel stocks crashing as I predicted back in Jan and March, with holdings dipping to 18,000t...from the high in Dec of 35,000t. LME also shows yesterdays spot Nickel hitting US$22,500/t, meaning that MCR are now selling unhedged Nickel at over A$30,000/t!!!!! Whaddya think of that. And the good news all aint' over yet, Nickel stocks will continue to run down for at least another 8-10 weeks driving up spot prices. Only an unforeseen calamity can spoil our dream run from here....MCR over $1 s/term IMHO
MCR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held