NP again broke through 10.00 easy
hit 10.16 closed 10.11
again trading shut early
once again LME Ni stocks got a daily 1000T clearout now under 53kt yet again
thats 4 days of global supply on lme live warrants
a dangerously low level now for 4 months with no end in sight. Chinas Indo factories sending all their stock to china mainland, not to LME.
West cut out of supply chain totally
its blackmail, do this for us or else.
So much for the fabled Indo NPI crap rescue.
Nuts to think Big Shot & CCP would allow the poms to control his Ni stock. Its an east oligopoly now.
CCP under Xie have shown their plans, control of global manufacturing & production using cartels like opec+ & rare metals & steel, plus oil & gas.
NP affected by tripled demand & slashed western supply.
There is no Ni stock for the west, there is no Indo rescue or npi matte.
It was a ruse to maintain price fixing & stock control.
soon the west hedgies & anglo bankers will hit the short squeeze attacks hard, as they realise they are stuffed.
thats aud$35,600pT
thats $535Mpa revenue on the targetted 15ktpa production, hard to ignore forever.
What value when NP hits 20 again then?
NP BOOM on its way again imho
NP again broke through 10.00 easy hit 10.16 closed 10.11again...
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