MBN 0.00% 8.3¢ mirabela nickel limited

nickel costs and nickel price

  1. 565 Posts.
    lightbulb Created with Sketch. 44
    Interesting to note that the price of nickel is between the 50th and 75th percentile for cash costs.

    Also interesting to note that the nickel price in real terms is at 1992-2002 real prices. Before the commodity boom, and when China was less than half the size it is now.

    MBN at these prices is a steal.

    Note that Zinc is below the 50th percentile.

    Price forecasts if china slow to less than 7%, Ni at $8USD, if china slows to 3% commodity usage, $6.75USD.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.