Wood Mackenzie also States that class 1 nickel is only about 50% of current world production.
And of course there is discussion of sulfate premiums.
I do not see any really persuasive method or justification for their forecasts...I am not saying they do not have it, but it sure is not in the article. Why should one accept their forecasts over someone else's? I know they are respected but how accurate are they predicting nickel and cobalt prices ? What did they say in 2010 about cobalt and nickel prices in 2018 ?
CLQ Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
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