Interesting ,
WSAHolders obviously think the nickel price is going to rise
Western Areas Ltd(ASX: WSA) saw its share price gain 10.9% to $3.16. The nickel miner’s shares are up 40% so far this year including more than 20% so far in September, despite it being on the top 10 most shorted stocks list. But a recovery in nickel prices appears likely due to supply disruptions including an environmental audit in the Philippines and increased steel output this year, which could boost Western Area’s revenues and earnings.
Re: Commodities, page-4
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