Agree that when we talking about life of mines that are measured in decades there will be commodity price peaks and troughs to deal with. It is my opinion though that the whole Nickel/Cobalt/Lithium space is a bit of a different beast due to apparent momentum behind the battery and EV industry, this appears to be pretty heavily backed by many Govts around the world. Unless there is a rapid change in the current global consensus surrounding the need to phase out Fossil fuels this momentum is going to be hard to turn around. If there is one thing I have learnt over many years it is that momentum is a tough force to push against.
Agree that when we talking about life of mines that are measured...
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49.0¢ |
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Mkt cap ! $44.21M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |