Correct on all fronts. Personally i have a minimal exposure to...

Correct on all fronts. Personally i have a minimal exposure to nickel at this time---mainly this stock.A word of caution do not panic as some of these places have no real credibility and many have tried these corrupt shake downs,-this is a genuine third world country and if you can believe it their politicians are even worse than ours ( and that is some feat).I doubt whether China will be in a rush to buy from them--in AUD terms the nickel price is not too bad--i feel PAN management will be looking how to produce the product at a lesser cost--the real enemy i feel is the USD index--that is the reason i am inclined to doubt the U S will raise interest rates very much---they owe 20 trillion and must certainly borrow for their mooted building-,-cheers