Nickel has been classified a critical mineral in Aus. Nico got lots of nickel. Higher cost nickel producers being squeezed out. if you believe the previous release, Nico says they have low cost nickel (ie. at $16,000 the mine would be in profit). They've also got 40 years of mine life worth of it. Supply glut is likely over in a few years. Adding to that Western powers potentially not wanting to rely on Chinese-run Indonesian nickel mines who dump tailings into the ocean, there's certainly an argument to be made that Nico could do something big over the next few years. Certainly a high risk/reward scenario but I've thrown my hat into the ring for the above reasons.
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