Believe soaring nickel prices is a very good news for all the RML holders. Nickel prices have jumped dramatically in last couple of days (USD 5.59/lb). Looking at the nickel charts (@www.kitco.com) it appears to me that Nickel prices are on the move and should cross USD6.00/lb very soon. As per the last report from RML they believe that at long term nickel price of USD6.00/lb ACOJE can be a very profitable mine. Certainly lot of reliance is on DFS study which will be finalized late this year. Other good news was EN securing capital from Chinese investors for their Caldag project in Turkey. Beleive RML is in a very good position and the way sp has junped in last couple of days, we should see people heavily buying rml soon.
