You better free some money up then - I can see this drifting back to 15p ish until another flow of news hits. I said we would hit 28p yesterday first thing in the morning and I was ridiculed with rampers saying it would finish at 50p yesterday - People need to get real this is AIM and always expect the unexpected. I think long term we will be rewarded I have a hefty share so I hope so - I just hate seeing people on here ramping the 50p close as their are many rookie investors that unfortunately read this and buy on a whim and now they have lost half of their money on paper already - I so want to see a good outcome on this one!!
view was expressed here yesterday that nickel prices must increase unfortunately they fell nearly 6% yesterday.to $11710. Of course we know how volatile this can be but it doesn't help short term sentiments or valuations for Amur. If you put yesterdays price for nickel in Amur's model it drives the project NPV to below zero.
But for anyone cash rich eg Norilisk , looking to acquire long term assets which also helps them control the flow of Nickel onto the market now would be the perfect time to buy. Why wait for the price to go up?
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