OTCPK:KRCLF - Post by User
Comment by
Rainman01on Jan 22, 2024 9:04am
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Post# 35838634
RE:RE:Speaking of nickel, Krr's nickel is not valued correctly
RE:RE:Speaking of nickel, Krr's nickel is not valued correctlyWith all the new mega battery plants opening up all over the world the price should increase with demand. Stellantis will be opening in Windsor this year. VW has begun it's mega plant in St Thomas Ontario and I believe it is reported to start production in 2027 . BMW is opening one in South Carolina . Ford with the help of South Korean battery maker SK is to open 3 plants in the US. Gm is also to open 3 plants in US and Honda and Toyota and don't forget Tesla. The demand for car battery materials will only increase . The demand for nickel will be greater than ever pushing the price probably to new normal record prices. Within the next 3 years prices should reflect the demand for nickel.