Have you seen the nickel inventories sink? Yes, they were really high but the rate they are sinking has to give everyone pause.
Roughly they went from 380 to 280 in one year. If the draw continues at this rate, the inventories will be down to 180 next year. Given the long lead times of new mines, the supply has to be a concern.
As a result, the nickel price may actually be more important to Ardea than the cobalt price!
Have you seen the nickel inventories sink? Yes, they were really...
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Last
62.0¢ |
Change
0.030(5.08%) |
Mkt cap ! $123.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 62.0¢ | 59.5¢ | $126.8K | 208.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43463 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.0¢ | 3921 | 2 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
60.0¢ |
Change
0.030 ( 1.36 %) |
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| Open | High | Low | Volume | ||
| 62.0¢ | 62.0¢ | 59.5¢ | 37703 | ||
| Last updated 15.20pm 22/05/2024 ? | |||||
| ARL (ASX) Chart |