Fugazied,I respectfully suggest that anyone who has followed...

Fugazied,

I respectfully suggest that anyone who has followed nickel of the past couple of decades would be extremely reticent to express anywhere near your level of certainly.

Nickel isn’t exactly a rare element in the earths crust, and also there are potential future battery technologies that don’t use nickel.

Worth reflecting on the rush into nickel laterites in WA 25 years ago (which fizzled), the rise of industrial China and the consequent 2007 nickel boom (which nevertheless bust) after many major industry players grossly overpaid for assets. Also reflecting on the Chinese adoption of pignickel which killed the nickel price for a decade, and still holds it down.

I am keen on nickel, but I recognise it as one of my riskiest investments. But then I more than doubled my wealth on the last nickel boom.

EL