Nickel Boner Update, page-5764

NP spike continues
now $8.09 uslb
at 66.12 = aud $12.24 lb
= aud$27,000 pT
once again way above the fabled $23,000 for restart of production
NICKEL Price

17,839.00
+184.00
+1.04%
02:28:19 PM EDT 3/8/2024 MI Indication

last time NP was at $8.09, POS SOP was 1.80c forget 0.75c, a whopping 1 b a g g e r lower now
doesnt make sense as NP has not collapsed and has now broken out of the prior trading range of 710-760 and headed to 8-10-12 imho

POS can be profitably producing at this NP easy both at LJ and BSwan imho.
Its all about the big boy getting in cheap and sweeping out AFAF BMM imho then the rerate to market price.
While BHP IGO AFAF have burnt $14,000M cash, good ole POS sits pretty in pink with NO DEBT NO OFFTAKE MASSIVE ASSETS MINES & MILLS with low capex waiting for its moment.

NP rise has had no effect on POS SP yet. It normally lags 6 months.
Dont think the Macquarie boyz havent noticed.
They cant ramp WSA MCR PAN NC1 now,
only IGO POS left imho.