Not sure why Nickel producers don't consort on supply just like oil producers via OPEC.
Surely they can set a bottom and a top and sell profitably still with supply agreements.
Rather than rely on markets like London Metal Exchange who frankly are fools.
That simple ! Same could be said for Lithium ( you might see me post on two other down beaten stocks I also own Liontown and Core Lithium ) where even fewer countries control the resources.
All the hard work pulling it out of the ground processing it and shipping it to sell it for a low margin - I say no sell it at fare prices.
Not sure why Nickel producers don't consort on supply just like...
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Last
70.5¢ |
Change
0.020(2.92%) |
Mkt cap ! $3.060B | |||
| Open | High | Low | Value | Volume |
| 69.0¢ | 70.5¢ | 67.5¢ | $3.213M | 4.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 304772 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 575725 | 57 |
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| Last trade - 15.53pm 12/09/2025 (20 minute delay) ? |
| NIC (ASX) Chart |