Why are Albidon hedging at under $24000 per tonne from 2009-2013? Obviously they see nickel at lower than that for those years. Maybe we should revise our thinking on the blue sky factor with AGM? It looks as though shareholders may have a window of opportunity sometime in 2008 to sell out and lock in the profits. After that, if Albidon are correct, the nickel price will be much less than $24,000, otherwise they would not have locked in at those prices.
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hedging at under 24000 per tonne
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