NP still holding up
$7.77 uslb or
aud$25,412
still way above the $23,000 & $4.90 AISC BFS 2022 figures.
NICKEL Price
17,127.50
-47.50
-0.28%
02:29:19 PM EDT 7/8/2024 MI Indication
Wheres the fabled collapse of NP, hasnt happened, in fact its now higher than when PAN & MCR shuttered.
Wheres all that fabled saviour Indo laterite dirty supply, all gone to china and resold as end product at $140 uslb !
Wheres all those EV batteries & BHPs offtake supply from Oz for Tesla? Doesnt exist or scuttled substantially.
Wheres all those tanks, missiles and 155mm shells for the western allies? Doesnt exist or scuttled substantially.
IF Tesla had signed with POS & supplied funding in 2022 instead of BHP, they would be getting 22KTpa+ Ni sulphide right now and our SP would be $1.00 not 0.5c. IF, its a BIG IF.
But the NP is stable & western supply scuttled.
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