The LME is an indicator of resource material on the open market for all nickel lumped in together. Nickel pig iron is used mainly for low grade stainless. There are companies trying to lock in reliable direct offtake agreements for the high grade nickel that is currently produced. As has been mentioned on here numerous times before high grade nickel sulphides currently are at the least available end of the nickel spectrum. The proposed separate market for this has not yet eventuated. So, in using the LME stock levels, I do not think that I am in any way "delusional" as the only indicator currently is the LME. Unless you can find any info on direct offtake arrangements?
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0.4¢ |
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Mkt cap ! $16.81M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $133.6K | 33.31M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 10739353 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.5¢ | 27449449 | 24 |
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No. | Vol. | Price($) |
---|---|---|
19 | 10739353 | 0.004 |
115 | 94689412 | 0.003 |
27 | 54044622 | 0.002 |
16 | 34412753 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 27449449 | 24 |
0.006 | 36620828 | 13 |
0.007 | 1644708 | 7 |
0.008 | 1880000 | 2 |
0.009 | 2950000 | 3 |
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