I dont know much about that one. I did look at it about 4 months ago, and like most I look at, I dismissed it. It has certainly done well though, especially the last couple of weeks.
It appears that they have done extremely well this last year due to the PON, much like AUZ and every other nickel producing company.
I think the advantage they have, if any, is their production and exporting of their lower grade ferro stainless, which may come into play in the nickel market sometime soon in a big way. Im not sure Im convinced yet that this will have as devastating an effect on the PON as some people believe....but they got that base covered anyway.
I may have a closer look at it.
BTW, why buy at this time? Why the urgency? Seems like very low volume to be rising on to me.
ATM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
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