Douglas, if nickel gets to U.S.$6.50 and looks solid, the fox will be well and truly amongst the pigeons at that point in the POS chicken coop. All of a sudden their nickel resource and processing capacity would start looking mighty fine, albeit with some issues to overcome.
Mindsets are very different when prices are rising to when they're falling. Pessimism makes way for optimis1m. Don't ask me how and who, I wouldn't know. But at some point, provided they've hung on (which I'm going to guess they will) someone will see a good business opportunity here... This is how I would view things panning out... (assuming nickel DOES get to that price level.)
Nickle Chart, page-11
Add POS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.01M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $12.58K | 2.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 66349934 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 512484 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| POS (ASX) Chart |