Hi Dolphin,
You have been mostly on the ball with your predictions in the past and I believe even this time you could be really close to the true.
For the price of Nickel I believe that we will see higher prices then we have experienced so far, they could reach a peak in say 6 months time and settle as more supply comes to the market.
For the price of MCR in this situation I believe $2.50 would be a reasonable assumption but it depends what Carnilya hill is going to deliver. With maintaining good drilling results it could push us higher.
The above is a guessing game but I believe, to put everything in perspective, that we can expect another leg up for our nickel producers before nickel prices settle down.
I believe that the next 12 months will be still excellent for our nickel exposures.
After that we will have to re-asses the market.
jojo
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