Report coming out in 1 month.
I am loving nickel and it's big uptrend. I am hoping for an average price of $10/lb for 2010 leading to ~$150m profit. If that is the case then assuming a PE of 10 (sector average is 17) SP would be $1.50.
Does that sound right assuming nickel averages $10/lb?
$11.2461/lb right now.