NP still holding way over 7.00 at $7.30 uslb the much maligned...

NP still holding way over 7.00 at $7.30 uslb

the much maligned fake collapse theory proven wrong again and again.
In fact the NP is way way above the 2015 lows when POS SP was at 7c-17c at a MCap 800% higher than this. Back then NP hit 3.50 and hovered around 4.00 for 2 years


NICKEL Price

16,086.00
+427.00
+2.73%

7.30 is double that !
and the AUD was ~85c now 65c so 25% lower AUD$ so expenses way way lower in Aud$.

Plus now there are 6,000 Ni workers redundant and needing jobs so salaries has crashed now.
Wyloo BHP MCR PAN IGO (FF & Cosmos) FQM/POSCO at Ravensthorpe all laid off workers and shutdown operations

Where is the west going to get its NI & steel from during war with the eastern block, China? LOL.
The counter sanctions by the east on USD$ steel Ni rare metals, gold bonds uranium and military production are biting hard and western inflation is consequently high while the western public is fed tripe.
And Ni is one of the keys to this global geo political battle.

NP cant stay down here forever imho.
Should be double this price at 12-16 right now imho.