RE:Decline Rate Been looking at this stock for a while but yet to buy. That Madasgar plant produces at 7+ per pound which at these prices isn't a recipe for profits. But being so levered to nickel and oil I bet the stock will do very well when oil and nickel seasonality kicks in next year.
I think this is one of the better nickel stories around but what's the upside in the next 12 months? double from here? If nickel really takes run then maybe this isn't the best way to play, although probably the safest.
anyone recommend something a little less safe? I've looked at RNX and NAN but no convinced. One is basically a dusted off old project and the other is in a new frontier which it means it could be expensive. I'm looking for a nickel discovery or development story in a good jurisdition near infrastructure.
I'm going to pick up some sherritt too. I like the fact it's got that oil component too. Both commodities aren't going anywhere and are being consumed quickly.
Thanks for the help