Thought I would start a new thread given the last one was related to the quarterly.
Ni price rose nicely overnight, 12 c to 6.53lb, and seems to be heading to the peak of the sideways movement, about 15cents to go. Will it breakthrough the resistence this time?
Well I don't know, but given the Indonesian ban on ore exports, just maybe it will.
I still believe the conditions are really good for MCR at this point, and the SP looks very cheap when compared to its book value.
Add to My Watchlist
What is My Watchlist?