JBM jubilee mines nl

re: lme ni stockpile keeps rising Norilsk shipments were due to...

  1. Tom924
    3,792 Posts.
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    23/05/05
    19:24
    Post #: 918680
    re: lme ni stockpile keeps rising Norilsk shipments were due to stop last Thursday & Friday.

    The Inco shutdown is production only but Inco is recently reported as buying Nickel on Market to satisfy customer demand.

    The last reports I read on LME stockpiles told of actual, physical stockpiles of ~2,500 tonnes.

    I've yet to read where the extra Nickel on the LME has come from.

    Since the Inventory rise Cash prices have come back closer to 3 month prices a healthy situation.

    stay tuned.





    JBM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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