MCR 0.00% $1.39 mincor resources nl

massive sulphides, page-15

  1. 1,539 Posts.
    nickel bouncing off lows/premmie? Good observation, but the annual Nickel inventory/price cycle is generally for inventories to build through to xmas with a decline in prices through that period and demand driven price movements start early 2h usually.
    An upward movement is good, and coupled with the low A$ conversion rate our Nickel miners are still making excellent profits...I suspect q3 and q4 will be better.
    Only cloud is Voisey bay and shifting implication of top end mkt consolidation occurring.
    Im still convinced the asian basin consumption will be relentless for a few years to come yet.
    Likely that only catastrophic economic collapse, terrorism or some other left-field paradigm change occuring will shake the MCR, IGo, JBM's.
 
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