Have you followed Nickel Laterite ore demand ?
Increasing ~ 5.5% annually, each and every year out beyond 2020s. ~ 8% alone in 1Qtr this year ! The ore is definitely wanted .
( Ref: Watch the LME nickel commodity outlook presentations . Previously posted )
Generally also - direct base ores are strengthening in demand . As each country seeks to protects own secondary industries (jobs , output , GDP for exports ) and own local manufacturing .
There are also incredible infrastructure developments occurring globally.
All supports
base raw exports - for energy , and for steel / construction / manufacturing including for equipment.
Good weekend article : read -
The key overall conclusion -(ref - InvestSMART weekend editorials ) :
“
The bosses of BHP, Rio Tinto, Anglo American and Glencore are thinking differently about economic growth and the trade war.” ( as in OPTIMISTICALLY- counter to prevailing last months negative general market view )
“It is unlikely the chief executives of the world’s four biggest mining companies are misreading commodity markets at the same time, and it’s in their
optimism- that
a strengthening of the resources sector can be seen despite ongoing trade trouble.., “
—————————————————-
All the best to us all .
*I think that Axiom - will go on , and On . Clearly believe .
Good things come to those who wait.,
this time I think .
Axiom has the longlife Licence to Mine SJ , Isabel . ML
Plus LOIs back over other key tenements. ( ‘D’ in addition
)
We want , or waiting - to see contracts for forward sales & further finance announcements.
Mining development, employment - all approvals beyond the ML- were completed and ready in advance of the ML . Quite incredible.
But this been how last year travelled , and the SI.
