Fair play, macroeconomics plays a big part. The nickel spike...

Fair play, macroeconomics plays a big part. The nickel spike recently was because, in part, of an assumption for increasing demand of nickel to create munitions. That didnt really happen fortunately - ie no world war 3 - and so prices resumed to pre UKR-RUS levels. Covid, well few saw that excepting the scientists in singapore after SARS. Although we are seeing occasional waves, vaccinations, better health regimens and the fact its just a bad cold now, shouldnt see further lock downs. Ergo, everyone back to work and using their own sick leave.

But the projected new increase in demand is for stainless steel and aeroplanes. China will ramp up, Boeing (India has put in large orders for planes) and lets not forget EV batteries.

The general sentiment is for nickel to get back to $22000 over the next few months, as opposed to the current $15-17000 position. Omg how bad is posting on a phone with the ads amd the moving your text arghhhh.

Me personally, DYOR etc, Im looking for companies mining Nickel versus the cheap pip trade on explorers. Care and maintenance is fine (although PAN grades are low) because they should come back.