Hi ndp, Yes, it may well be a good time to average in. And it is...

Hi ndp,

Yes, it may well be a good time to average in. And it is true that there can not be too much more bad news to factor in. However, the elephant in the room is the Yuan devaluation and how this 'psychologically' plays out on the Ni price for the time being. I will wait for a bit more stability in the Ni price, which may be sooner rather than later. I will start buying in again when we start to see some moving average crossovers in the Ni price. The reduction in LME inventory is good. I agree though, at 33c, MCR now is rather cheap. My sell sentiment was when I sold, at 43c.