Ravensthorpe falling over may seem good news but I'm not so sure.
The Japanese are talking about not needing Nickel anytime soon and starting to run their own mine suppling 25% of japan.
The world slipping into a drepression ( in more ways than one) is not helping the PON either.
It is becoming hard to know who is telling the truth, if anyone actually does.
Just hope they have enough cash to keep going.Selling their UMC stash may be a necessity instead of a choice if things don't improve.
This market is looking a bit shaky as well.
thx v umc, page-16
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