Nickel Boner Update, page-5650

And AFAF BHP IGO big boys didnt see the collapse 6 -12 months out either !

They spent a combined $13,000M cash on OZL WSA MCR Noront
BHP a whopping $10B on nullabor blackhole OZL even.

AFAF the prize dufus though as he spent in July 2023 6 months ago a whopping $760M cash on blackhole low JORC NO MILL MCR which he shuttered and sacked workers in Jan after promising them so much in September 3 months earlier
MCR is worth less than POS now $30M from $760M! LOL.
but im sure these advisers and his bad advisers got paid handsomely for this debacle

BUT I have no sympathy for AFAF as he deserves it 10 fold back after what he did to us at lowly POS & also at AGO AHZ ANL.
what goes around comes around !

I said SPOT ON last year this would happen and he would lose his money on these crazy overpriced emperors new clothes that were shams,

remember my words - "A rich fool and his money are soon parting company"

He could have let MCR collapse to 30c and taken 20% then taken 51% for peanuts at 10c then the lot but his advisers sold him the emperors new clothes for $760M cash at $1.40 ps, NUTS.

These experts like Goldmans when they start calling a Ni winter and Ni collapse it means that the turnaround has already started and this is a marker for the low. Same thing happened before in 2007 then 2016 2018 2020

Oh what he & POS coulda done with $1,200M cash !
He would have a massive Ni empire now with 80ktpa production 8 mines 5 mills 1 refinery 1 smelter on par with BHP but alas he didnt listen to lowly laughed at me.

Another signal that NP is recovering imho.