Yes, it is true: Nickel traded at $US100,000 a ton.
https://www.reuters.com/markets/europe/lme-nickel-jumps-another-10-after-record-rally-supply-fears-2022-03-08/
This will be a spot price. Please don't value WSA's 2022 output at 15,000t X $US100,000 = $1.5billion.
IGO's takeover bid is dead in the water. Who will accept $4 a share today?
Have fun trading tomorrow!
Ash
Add to My Watchlist
What is My Watchlist?