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Originally Posted by evilroyrule
thats ok, couldnt be better timing. friends of mine in the mines in oz, been a good source of info previously. apprarently nickel is next to go. they even thnking of reopening the old nickel miones in kalgoorlie.
this is a good starting pointing, anyone lese know of early NI producers please?
MCR, PAN, MRE, MBN, WSA, are the main producing ones, throw in IGO & KZL for Nickel as other producers with Nickel projects
I like CZN in the advanced explorer ranks (JORC resource), others to watch for include MLM (Nornico project), PRW/MFC, & RXL
I like MRE as a pure Nickel/Cobalt play, plus MCR for its move to other metals as well as Nickel
Last edited by shasta; 14-06-2011 at 06:48 PM.
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I still hold a few MCR - wish I didn't!
Seem to remember from my previous Ni enthusiast period that MRE is a comparatively high cost producer. Big volumes and very profitable when the PoN soars but suffers disproportionately in the downturns, compared with the likes of PAN, MCR and IGO.
I could be out of date with this but it may pay to check if anyone is interested in MRE.
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Originally Posted by macduffy
I still hold a few MCR - wish I didn't!
Seem to remember from my previous Ni enthusiast period that MRE is a comparatively high cost producer. Big volumes and very profitable when the PoN soars but suffers disproportionately in the downturns, compared with the likes of PAN, MCR and IGO.
I could be out of date with this but it may pay to check if anyone is interested in MRE.
I mentioned MRE as Glencore owns 71% & has the offtake agreement for the Murrin Murrin Nickel/Cobalt mine. (MRE 60% of 33 - 37kt Nickel production)
Glencore was mentioned in an article on "The Australian" about a multi billion dollar takeover that would rank them alongside BHP, RIO & Vale as majors
MRE looks cheap when compared to other ASX Nickel producers (refer MRE presentation)
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U r out of date Shasta.
IGO is and has been a great nickel producer for many years.
It has part of Tropicania, a new multi million ounce gold mine.
It has just taken out Jabiru, a very high grade zinc mine.
It has about 300 million cash.
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Originally Posted by tricha
U r out of date Shasta.
IGO is and has been a great nickel producer for many years.
It has part of Tropicania, a new multi million ounce gold mine.
It has just taken out Jabiru, a very high grade zinc mine.
It has about 300 million cash.
I certainly am, Thanks for the heads up, I considered IGO as a gold producer, but shall go & read the guff
Cheers
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Originally Posted by tricha
Like everything, there are two sides to the story.
This is a brief run down on Nickel.
The Charges against Big Nickel
http://www.resourceinvestor.com/News...ig-Nickel.aspx
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MCR to launch an on-market buyback for up to 10% of its issued capital.
Too much cash and, seemingly, no other more attractive option to spend it. Let's see if that gives a boost to its SP!
http://asx.com.au/asxpdf/20110621/pd...4c3npw961t.pdf
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Hope so macduffy - my buying hasn't done much to support it!
Felix, qui potest rerum cognoscere causas
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https://www.livewiremarkets.com/wire...unity-says-bhp
Great time to be adding a few nickel plays to the portfolio --- purchased BSX - SGQ recently two smaller end of town nickel-cobalt plays
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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I have read that each electric vehicle will use about 25 kgs of nickel. I have topped up on RXL who have good nickel and gold prospects.
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