Red Nickel broken through the resistance over night. But some...

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badhan

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02/09/17

18:39

Post #: 26953803
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Originally posted by redbackrules ↑

The Nickel Boner Report - Red Stevenson

Nickel is currently only tracking the recent rises of Copper with little N4 residual effect just evident. What is N4?
Still up to 25% growth in Nickel price to come as the Battery revolution eventually overtakes the NPI steel industry as the major user of Nickel ore. But for now the Boner still continues bringing the current Nickel price to $AU15,200/t.
For POS - $AU17,000/t is a BS start up including funding. If we co-process gold with NST and other local suppliers, funding becomes even less of an issue. $AU18,500/t for LJ start up including funding.
How long will the boner last, depends on Copper Price and the when N4 actually starts to kick in. I will let the resident homeopathy chart experts spin their story on how the charts are looking.
Some are a bit worried about the current LME stockpile. Let me easy your concerns with one simple question:
Do you know how many tonnes of Nickel are going to be used just in the Telsa South Australian Battery solution?
Now this is an ICHI classic:
RED knows.....DYOR

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Red
Nickel broken through the resistance over night. But some are still mocking your post.

They still don't get it. Anyway as I said keep up your work, make money and let others mocking.

POS Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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Red Nickel broken through the resistance over night. But some...

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Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

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