Post by
Wangotango67 on Nov 06, 2023 9:41am
NICKEL TIDES SHIFT TO NORTH AMERICA ?
Crackdown on illegal mining forces Indonesia to import nickel ore
https://www.ft.com/content/557478a8-0ec5-4495-9102-fb8781ba7451
Rio Tinto has an Australian listing ( ( $98/cdn value )
And a US listing worth ( $108 cdn value )
What i'd like to see ?
$2,600,000,000 Wellgreen buyout
~ $108
24,074,074 million shares ( not that many shares needed )
Wellgreen would be a massive value enhancer for, Rio Tinto.
Especially if they designed a production mine that produced
actual metal.... Mega bucks.
Remember that Zinc Mine with all that mine equipt in, Yukon ?
And the advent of closing, owing taxes.
Canadian Province = UK.
Would Rio ever jump at the opportunity to scoop wellgreen + zinc mining equip ?
Throw in, Indonesias latest nickel woes...
Nickel's not there as they thought it was...
Having to import nickel ??? lol
Canada's nickel resources is looking very sweet.
Question.... was it preknown that Indo had no nickel ?
The big labowsk.... deek.
What happened when majors scrambled to, Indonesia ?
= Nickel spot prices sank.
= Canadian Nickel juniors dropped in price.
= Easy Cheap Shares