NP still holding way above the magic 6.00-7.00 figure touted in...

NP still holding way above the magic 6.00-7.00 figure touted in 2015-2019 by the then CEOs
in fact almost 40%-60% above it
and still way above even PHs "high margin production" price when NP was 8.00.
Yet still no FID or BFS worked on for 4 years now since RDs DFS of 2018 for SS to BS when AUD was 25% higher & the project $25M less capex spent.

	Column 1	Column 2
1	Nickel	September 06,14:04

	Column 1	Column 2	Column 3	Column 4
1	Bid/Ask	9.6535	-	9.7510
2	Change	+0.0000		+0.00%
3	Low/High	9.6535	-	9.7510

and NP should be at 15.00 -25.00 now imho.
But for the LME joke and BIG SHOTs BIG SHORTs.
Sooner or later NP will BOOM back to where it has to be to inspire 10 years of drilling and mining restarts including even in china.

And Tesla & EV industry hacks still missing the point, its about the Ni supply & content stoopid not the coatings.  Tesla still cant get the Ni it needs globally and getting more desperate.

https://ww w . k i t c o . c o m /n ews/2022-09-06/INSIGHT-Inside-Teslas-drive-to-keep-Musks-battery-promise. html

Sept 6 (Reuters) - The secret behind Elon Musk's goal of selling 20 million Tesla's a year by 2030 lies in its pioneering battery technology. The good news is that by using bigger cells and a new process to dry-coat electrodes, Tesla could halve the cost of a Model Y battery, saving more than 8% of the car's U.S. starting price, battery experts with ties to the company said...The rising cost of battery materials and energy pose a risk to those forecasts, however, and Tesla has not yet been able to significantly improve the new battery's energy density or the amount of power it packs, as Musk has promised"

Ni Boom retrace coming imho.