NP 7.22 now still holding above 7 & bouncing around this area...

NP 7.22 now
still holding above 7 & bouncing around this area

With all the supply removed from Oz New Caledonia & western production, and china refusing to sell briquette supply yet charging whopping 1000% margins on Ni products, the NP should retrace higher imho.

and when it does the big boys will be shy after burning through a whopping $14,000M on disasters OZL WSA MCR Noront PAN Ravensthorpe all while ignoring POS and its low cost low capex 6 mines & 3 massive MILLS built & produceable.

Sooner or later a wiser smarter big boy with cash not spent who watched this disastrous spending splurge on black holes will come along and get into POS imho (if not already)
We know GMD want our W water and gold tailings and were mates with CJ at NST so they are a prime candidate imho.

Watch the volume and what GMD BHP IGO do from here.