Is GME undervalued?, page-12

I'm not sure what the cost will be of producing Ni but I think they will be selling it for a lot more than $5 per pound. A lot of commodity traders/analysts are talking about 2 different future nickel products - nickel going into stainless steel production and the higher grade nickel for electric vehicle batteries. It is the latter that is going to command much higher prices.

For me, GME is very much about the nickel and the company have always talked about being a world class nickel producer. The cobalt is a bonus.

Current share price presents a really good buying opportunity.