That's my point M1...maybe $50 is the NEW price for iron ore...?
We won't know this to be true for a while yet. Usually they say it takes around a decade for these things to play out. (Mining companies change positions - C&M...lay offs...efficiencies found...consumers look for bargains etc etc...)
Clearly your question regarding the supply / demand of the 2 resources you mention Vs Ni was rhetorical.
I hope it is JUST late...
And if so, buying up right now obviously would be the right play.
Don't get me wrong mate, I PRAY every day re the NP (I'm not even religious) for all here and myself...
I'm stuck in the middle of doing the stuff I normally do. I can't buy anymore property at the minute (I'm maxed) until I start getting a return from what I've set up in China (probably 6 months)
I've got 100k I wanna do something with, and I'm really worried about throwing it here - my wife will kill me if I drop it when it comes time to go away...
But I WANT to make it work...and not just have it sit in the bank...boring!!
I've begun to like tuning in here every day and learning about what you guys have to say...
I gotta tell ya, I'm really grateful for the experience...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.85M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $8.018K | 2.354M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 306696 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 25743318 | 23 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 50287 | 0.004 |
105 | 74170706 | 0.003 |
39 | 66435874 | 0.002 |
20 | 85558697 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 25495443 | 22 |
0.006 | 13369000 | 13 |
0.007 | 13318277 | 10 |
0.008 | 2300000 | 2 |
0.010 | 241256 | 2 |
Last trade - 15.29pm 30/08/2024 (20 minute delay) ? |
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