Red,
As you know, there is an unfolding EV revolution that is rapidly gaining momentum.
EV’s will not only boost demand for battery metals such as ni and co, but will also boost demand for copper which will be in higher demand owing to the amount of copper in an electric motor.
Interestingly, both Cu and Ni LME stocks are decreasing against an increase in demand.
SGQ has high grades of both ni and cu + co.
The stage is getting set and we are going through the rehearsals.
Ni and Cu prices must trend up soon and SGQ is methodically building towards a resource
that is likely to coincide with rising prices.
There is every chance that SGQ will hit more ni/cu at depth and when that happens...bingo...our SP will be off and running.
The stage is set..
Cheers
Mulac1
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Price($) | Vol. | No. |
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