JBM jubilee mines nl

Muzz22,imo nickel will consolidate at around $5.71US/lb which is...

  1. christianp
    873 Posts.
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    26/08/04
    22:50
    Post #: 560957
    Muzz22,

    imo nickel will consolidate at around $5.71US/lb which is about 5% lower than where it currently is.
    A bit more downside to come, it will be interesting to see how JBM reacts now the goodies have been dished out.
    WMR is probably insulated to a degree from these falls in nickle atm because it doesn't go ex-divi until Tuesday 31st. If there is some catching up to do (with the nickle price) WMR will fall extra hard on Tues imo.
    JBM Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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