RE:RE:RE:Nickel PriceAlthough closely related to the supply issue, the effect of the price of Ni and the value of the C$, may be moving S's price up marginally?
At current Ni prices S will likely record large losses from their share of Ambatovy production, as current capacity utilization there is not high enough to generate any profits? The mandatory recording of any Ambatovy loss may be enough to cause S to have a negative eps. Thus the dividend cut?