RE:RE:Lots of nickel chatter !dont forget:
that this a sulphide deposit (high quality / cheaper to refine.)
batteries are moving to higher percentage of nickel in cathodes - NMC811
tesla is moving to LFP for short range cars (yawn) who wants short range in Canada? Useless to me.
other car manufacturers ramping up EV plans very quickly. Tesla's gonna feel the hurt when this happens. tesla's market share is going to dive.
mining friendly country with good environmental record.
nickel pricing rising steadily ( the higher the better to make mining viable)
Fairly shallow deposit open pit definitely doable.
Amazingly close to civilization unlike many ofther mines that require massive transport costs.
why by your nickel from countries that dont have ESG practices?
stainless steel demand steadily increasing and projected to continue for many years to come.
limited reserves around the world.
Do your own due diligence and discuss with your investment advisor :).
GLTA happy investing. Long GUG