Nickel Boner Update, page-1391

NP spiking tonight yet again
8.07 now after hitting 8.11 again, rebound after retesting 8.00 support & 8.11 resistance
aud$23,300 holding still 10 days in & counting

	Nickel	January 14,03:19

	Bid/Ask	8.0730	-	8.0776
1	Change	+0.0658		+0.82%

NP UP, POS UP again?
is it possible? Market finally recognising POS as a near term producer with $240Mpa ebitda on revenues of $500Mpa.

22kTpa Ni @ aud$23,000 = aud$506Mpa minus discounts, recovery rates etc
(POS can produce up to 50kTpa at 3.7MTpa milling capacity, maths posted before, on revenue of $1.2Bpa)

WSA production 18kT with 600kT mill capacity
WSA MCap $772M
POS MCap $221M with a 3700kT mill capacity
a 6 bagger larger mill capacity & 4 bagger lower MCap, amazing undervaluation

thats 28c ps for the same MCap as WSA now despite higher production profile higher grades at GS ST SS and 6 times larger milling capacity.
Just add high grade to that mill capacity & production and KABOOM.