corp & rocket
Have to agree with both of you, on MRE value, ni prices increased a lot, but beware stock are still high at around 106000 tn at lme, nickel prices and commodities in general are driven by speculation at the moment rather than fundamentals, dont want to be negative, just realistic, but as you say if they stay at these levels, mre is highly undervalued.
Also look at the drop in volumes yesterday afternoon and today, and you will see what I mean with some large sellers.
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