Western Areas MD reckons prices are close to the bottom....

Western Areas MD reckons prices are close to the bottom.
http://www.smh.com.au/business/mini...little-lustre-to-diggers-20150804-girir0.html

Meanwhile, fastmarkets has released an in-depth analysis on Ni for Q3 and beyond. The scope of it suggests that Ni inventory should start to wind down soon and presents a decent story for Ni price.
http://www.fastmarkets.com/base-metals/nickel-analysis-forecast-q3-2015

I maintain my prediction of a return soon to 50c for MCR and much less likely scenario (analysts) drop to 25c.