Really cheap for what it has in store even at reduced production rates of 7,900 MT from the recent forecast of 8,700 MT but still in line with last year so it's a solid performer. Sure they will get clearance to set in deeper water with extra water flow so NZK will keep expanding to supply an insatiable market. Sea temperatures are affected by fluctuating La Nina events and the climate warming evidence is being challenged by NASA Satelite data so NZK might experience a shift back to cooler temperatures but going deeper will provide further insurance. It has been oversold. Still interested in Nissui intentions.
NZK Price at posting:
$2.00 Sentiment: None Disclosure: Held
