lme stocks down pon down, page-2

KT, dont forget:
Chinese slowdown in manufacture come the Olympics
A$mid 90's yet Ni sold in US$
irrational market
cyclical LME drawdown will continue to exert pressure on stocks...lots of variables

Im still confident that NiPig has put a really solid floor under PON.
When JBM is concluded, and all of that returned capital starts to look for new Ni homes in FY08/09 theres fewer and fewer quality Ni producers around....probably explains in part the runup in WSA, and we will get dragged up. Also
Ni is not the "hot sector" for now...all the loose money was chasing IronOre the last 6 months and then I think its switched focus lately and pushing Coal atm.
GLTUA.