CTM
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1.39% 36.5¢ centaurus metals limited

Trading day running commentary, page-4579

  1. Montalbano
    1,532 Posts.
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    23/06/24
    00:43
    Post #: 74442564
    Norilisk is predicting, 30.5.234, the global Ni surplus will be only c.100kt in 2024 & 2025: & that most of the surplus is from "low grade Ni".
    (These figures are smaller than what most experts were predicting recently- c.190kt).

    Nornickel forecasts lower global nickel surplus, bigger palladium deficit - MINING.COM



    Assuming that green-produced Ni sulphides are eventually "recognised" ( at least in western countries) & priced at much higher $ than dirty Indon Ni Laterites, this bodes well for CTM.



    Last edited by Montalbano: 23/06/24
    CTM Price at posting: 47.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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