SIR 0.00% $2.52 sirius resources nl

Time to buy??, page-37

  1. 155 Posts.
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    Seriously, do you read news or any media reports??

    http://www.trefis.com/stock/amc/articles/268804/year-end-update-on-copper-and-nickel/2014-12-08

    Stock will be used up early-mid next year, with Indonesia continued banning export and monsoon wet season in Philippines affecting the production.

    Hence the increase in nickel price the past 2weeks.
    The only thing is SIR doesn't produce until 2017, which carries a bit of uncertainties about the demand-supply then. But with the funding news due soon-ish coupled with the shortage coming into next year, I think the SP will go up 15-20% from here.

    DYOR!
 
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