NP now $8.55 uslb or aud$28,900 pT
still way way above 4.90 BFS AISC and 6.00 & aud$23,000 restart targets of prior CEOs 2016-2019.
In fact a whopping 26% above the aud$ target & 74% above the AISC BFS 2022 figure.
NICKEL Price
18,852.50
-132.50
-0.70%
02:29:21 PM EDT 4/25/2024 MI Indication
And now with 5,000 nickel workers redundant at AFAF/Wyloo/MCR, BHP PAN IGO et al, the wages costs have collapsed lower and AUD$ is lower also around 65c not 75c as before.
Its not about the NP, its about flaccid management & the big boy getting in cheap now & sweeping out our backstabbing top 3 churning clowns of AFAF BMM Citi for good.
We saw with MINRES how the market valued LJ at $1,000M but at POS it was only $15M so its mega-multiples higher when backed up with real funding and real restarts not false start promises again and again.
I prefer MINRES as top holder.
They have the capacity and staff to make POS & themselves a large fortune rather than AFAF BMM Citi who have only served to crazily destroy their own and our wealth tenfold over whilst churning shares for peanuts.
Meanwhile NP keeps going higher past 8.00 toward 10.00-15.00.
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NP now $8.55 uslb or aud$28,900 pT still way way above 4.90 BFS...
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