OTCPK:NNDIF - Post by User
Comment by
ZincDinkon Feb 24, 2022 6:32pm
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Post# 34459929
RE:The Boliden Conundrum
RE:The Boliden ConundrumYour kid of preahing to the choir, lol
I think most analysts have decided China owns the base metal market and they are willing to keep going losing money. During covid, they were willing to sacrifice any chance of profit just to keep operating at times
I think its all changing again. Look at Nyrstar, very efficient plants but if yu have to pay a huge sum for your electrons, you can't compete.
On with the future though. Things are looking great for NIF and even GC will have to leave us long suffering shareholders more bread crumbs (maybe even a whole slice of bread?) going forward.
Tomorrow though, even with prices hainv one up, the losss on hedging may make the numbr appear worse then they are. Pins and needles (snore, while uncertain bout tomorrow, we are looking reat in the future).