ALB albion resources limited

nickel up, page-4

  1. RKS
    573 Posts.
    Does any of that mean that all Nickel stocks are getting hammered and that ALB is actually not doing to badly by comparison?

    When metal prices rise, ALB should do well. As the Australian dollar has just bellyflopped (87.775c at the time of writing), ALB's exports are suddenly a lot cheaper and so more desirable to overseas consumers. And the Nickel price went up in Oz dollars as the dollar falls against the greenback.

    All exporters should get a boost, let the importers take the heat for a while :)

    Robert
 
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