Nickel to rebound

From another forum ...... Let's hope so

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ALTO Capital analyst Carey Smith expects nickel to double in the next 18 months – and that’s the worst-case scenario.



“Economic uncertainty surrounding the direction of interest rates and global growth and Chinese equity, debt and economic concerns, are all weighing on the sector.”
But Smith remained bullish, tipping a price of at least $20,000 per tonne, or $9/lb by March 2017.
“It is not easy to recognise the bottom of a cycle when you are in it but the bottom is in, and we will look back on this time in a couple of years and say ‘that was a massive opportunity’.”