If the Nickel price stays @ expected levels over the next couple of years($35000 to $40000 per ton) the old maxim of "Grade is King" wins out yet again(boringly predictable I know!).This will of course weed out the Wannabee's with their 1% nickel laterite deposits and huge production costs(what a suprise!)
For exposure stay with the high grade miners!
regards
If the Nickel price stays @ expected levels over the next couple...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $9.789M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $7.559K | 1.008M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 25996116 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1162005 | 9 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |