We are starting to see more of these articles appearing and sentiment generally seems to be that nickel prices will recover somewhat in a month or two.
Assuming the subprime problems will be stabilised without a world recession, which also seems probable, one would expect AGM sp to start to recover a month or so following a firming of nickel prices.
Working under the assumption that Metplant doesnt stuff up the construction of the Avebury processing plant any further (given the progress that has been made to date, a major stuff up appears unlikely) It would seem quite possible we may see a STRONG recovery in AGMs share price beginning in about November. On top of whatever slow recovery we see up till then.
Thats how I see it at the moment.
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
