To consider"Has AGM missed the nickel party?"If the PON goes as...

To consider

"Has AGM missed the nickel party?"

If the PON goes as low as some are predicting and the death of AGM then Ravensthorpe and Goro and others are dead in the water. Why? because AGM promises to produce the highest quality product at one of the lowest possible costs. Once they are up and producing, surely on the economics of it all then AGM would be one of the safest bets. Personally I think a stable nickel price of $30000 tonne would be good for everyone. DYOR and I think you will find that this is correct. The main question is "Are we prepared to wait 12 to 18 months for the returns?" At current SP levels I can see a 10% to 20% yield from dividends. Maybe that is not enough for some people but it is for me.
ST anything can happen and for traders it must be frustrating but for LT holders it really does present a great opportunity to gain a greater holding in a seemingly sound business. Just my opinion

cheers