NP still going UP
$8.70 uslb again
aud$29,360 again
NICKEL Price
19,174.51
+64.51
+0.34%
06:15:25 AM MI Indication
NP consolidating above $us$19,000 and aud$29,000
28% way above the prior CEO NP aud$ target prices of $23,000
AUD$ rate has dropped from 75c to 65c
and now salaries have collapsed as 5,000 Ni workers are on the dole begging for new jobs elsewhere
so the AISC figure of $4.90 should be now under $3.30 imho.
8.70- 3.30 = $5.40 profit margin, its enormous.
Get rid of the backstabbing top 3 and infuse a new top holder with $800M+ cash and its off to the races guys.
MINRES up $1,000M Mcap since its LJ purchase deal announced.
Market is showing us what it wants.
NP looking like going to its 10-15 target imho.
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