Nickel Mines – Nickel Price Volatility

Posted on | by Leon Hinde

Nickel Mines is a nickel miner, and pig iron producer focused on several Indonesian projects in partnership with the world’s largest stainless-steel maker Tsingshan.

The share price fall is related to uncertainty regarding its JV partner Tsingshan. LME Nickel price volatility spiked, with prices doubling from $45/kg to >US$100/kg before trading was suspended. The news suggests a large nickel producer facing margin calls on nickel derivative losses caused a short squeeze due to Russian supply disruption and limited spot inventory. China’s Tsingshan is reported to be the entity with exposure.

Your Share Portfolio: Opportunity or Bust?

Posted on | by Leon Hinde

The stock market is in a unique set up and you should be ready…

The bond market appears to be suggesting that the situation in Ukraine is becoming a much bigger worry for global growth. We’re seeing large drops in the yields of 10-year bonds in Britain and Germany, yet there is a unique trade setup that all investors and traders should be watching…..

We’re about to invest $1,000,000 dollars into this ASX stock…

There’s an ASX large-cap medical services company that we’re about to invest more than $1,000,000 into and you should know which one…

Watch last nights’ webinar to learn more…

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