Islandar, what a load of BS, Citibank, Goldman sachs, pattersons...

Islandar, what a load of BS, Citibank, Goldman sachs, pattersons securities analysts and Macquarie bank and many others are predicting NI price rises even more doing it by the day, the NP itself shows you that the drop off in ruskies and indonesian ore is hurting and the deficit next year will be worse than thought, you obviously havent studied economics 101, basic supply demand theory. Producers are stockpiling it heavily bc of the looming shortage, once that tonne warehouse graph starts turning down it will go down fast all the way as there is insufficient supply to demand coming back in.

As for Ni is ... metal, rubbish gold maybe not NI which helps people to eat and build rail and batteries. no immorailty in that but gold has been killed and fought over for 5,000 years and turned people mad making them travel half way around the world leaving families and children for instant wealth. Pure greed, you probably are in those stocks.

If Macquarie say TP is $1.55 next 6-12 months i will wait for it. Strong rebound from 72c twice on still low volume, where are all the sellers now? its buyers looks like headed back to 80-98c range again unless they announce higher dividend and new larger resource finds from the massive digging theyve been doing quietly for 6 months with their $4M-14M budget all in cash with no debt.