Well someone has raided LME NICKEL INVENTORY over the past week, it looks like it's hit unprecedented low levels, only 125k in inventory now. The market is looking in a worsening supply deficit that can only get even worse from here and nickel prices will soon get another leg up after this consolidation at $8.
Given state of the market accumulating WSA on these daily minor retractions is the way to go imho.
wsa should also have some company specific positive news flows over the next quarter or so.
All in all happy and excited about wsa.
dyor etc etv
Well someone has raided LME NICKEL INVENTORY over the past week,...
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