WSA
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0.00% $3.86 western areas limited

profitable ?, page-10

  1. BushBasher
    716 Posts.
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    11/12/08
    04:06
    Post #: 4593422
    Said some time ago that my feel is that Ni bottom may well come in at US$5500 - US$7000/tonne based on previous bottoms going back to the early 80s.

    Could well be wrong, but US$5500/tonne has been the consistent real US$ price bottom for each of the major commodity price cycles going back to then.

    BUSH
    WSA Price at posting: $2.91 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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