Data Points on the 10.75% Notes of 2029Since my last update in mid July the IIROC reported trading volume in the notes has been light, with the largest reported trade being $76,435 face with the next largets trade being just in excess of $16,000 face value. The remainder of the trades would best be described as smalls.
The prices ranged from $70.69 to $75.00 with the last reported price (August 11) being $72.00.
Much like the stock reported volumes are lanquishing along with the nickel price, whichh month to date is now below the average price for July, which was the lowest mothly average price so far this year.
On a brighter note the reference price for Sherritt's Cobalt is up to $19.00 per pound form $17.75 on August 1.
GLTA