RE:WTFMy belief is that many people are focused on Sherritt's cobalt which has crashed in the last few months. The political issues surrounding US/Cuba relations don't help either although I really think it's much ado about nothing.
LME nickel keeps drawing down. At this rate we will likely see some significant price movement in the spot price this year. That should draw back nickel investors not to mention I doubt thie price collapse in cobalt will be drawn out as demand is exploding and producers are now working to restrict supply.