Over 1,25$ ? If I remember, the value was around 1,50$ before Trump restrictions making investors to run away.
At 1,50$ the company was in deep trouble and the nickel price was much lower.
Now the situation seems much better compared to this time.
Can it go back over 1,25$ after Cuban's restrictions reduction ?
- Biden have a Cuban immigrant in his team. I wouldn't be surprised to have some kind of strong influence on him.
- Moa's operation have the lowest NDCC of all HPAL, at around 4$/lb, and the Ni price is 7+$/lb!
- Nickel price is already high and we are very far from driving all electric cars!!!