Post by
CrazyProphet on Mar 02, 2022 9:17pm
Global nickel inventories have been falling since June 2021
Given the current price/inventory situation, I would expect nickel metal prices to be c.50% higher than they already are.
If nickel exchange inventories continue to fall then prices should move materially higher, and fast. It’s not unrealistic, in my view, that battery grade nickel prices could double from current levels.
Comment by
AlIIIIIIInMates on Mar 03, 2022 9:51am
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Comment by
CrazyProphet on Mar 04, 2022 7:56am
Just the start of a long sustained move higher ! A lot of demand coming and not a lot of Euro Nickel juniors sounds like a recipe for success !!!