NP on LME closed at 10.22 friday night It says its now 10.01...

NP on LME closed at 10.22 friday night

It says its now 10.01
Still this is a pivotal price for NP,
it has to clear 10 and move back top 15-25 like before otherwise the Ni production and drilling will not happen and the Ni deficit with get 5 times worse.
The much flaunted Indo Ni production boom is ALL controlled by China and the East, the West will not get any of it, just look at what NIC did to their production, 100% offtake ALL to China from Indo at dirt cheap rates so even stuffing the Indo workers and tax collectors then piling the profit at china mainland mill manufacturer levels by tappin on another 100% there so China makes the fortunes not the Indos.

Meanwhile BIG SHOT shorts the NP & LME while tripling his profit & prices on the mainland intra china.

This scam cannot go on forever.
This oligopoly of the chinese and ruskies in NI cannot go on forever.
The west has realised and soon like in March the NI BOOM will run again.

Ni BOOM coming imho.

and at aud$32,000 pT POS is WAY ABOVE its profitable target of $23,000 pT set years ago
Thats $480Mpa revenue on 15ktpa production.
Hard to ignore that forever either.