WSA western areas limited

wsa away we go, page-7

  1. 958 Posts.
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    thanks mygalz and bobbieb.

    With Ni at US$5.04/lb it is 26% higher over 60 days . I remain surprised that shorters are still hanging on. They are betting in the PON dropping, despite current trend higher.

    IMHO the use of Ni in lithium ion batteries is a game changer that will increase demand for Ni sulphides and drive PON higher over the next 6 months.

    I'm waiting for a short covering rally here.

    FT
 
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