Member Info for AIMtodeath

This company is a pure Nickel play and is lowest cost quartile for a market due to go into serious deficit in the next 2 years and onwards. EVs are the cherry on top. The size of that cherry could be some icing on the current cake or another whole cake.... Nickel pulled to EVs will increase deficit in stainless demand which helps us without the future possibilities in Vermelho. So we don't need EVs don't make it the reason to or not to invest. It will be the reason for how long you invest!

Any transaction over 250k tends not to be Numis transactions which allows WINS (mostly) to put some stock liquidity on the bid. If Numis took every transaction at the front of the ask then other MMs simply could not keep buying new stock off retail sellers if they can't offload. Sometimes WINS does nip in front of Numis to pick up some more buyers if there has been a few sells in a row and they want to shift it faster. Generally though Numis takes the smaller transactions and the bigger ones picked up by those behind them.

Unless people have itchy feet, what is the problem? Hardly a company out there that can deliver anything on the exact dates. Throw in COVID and you have to be having a laugh if you think timings will remain the same. There is also goos reasons to delay. Wait for Nickel price recovery on Chinese Stainless demand, countries throwing money at green economies, EV narrative picking up increasing desire for involvement in Vermehlo, getting rid of the seller to get a better starting price for news.
I do not want the finance deal to drop early! I'd love to see the EV narrative take off, EV metals to get a rising price, Elon's 'delayed' battery annoucement (we know will contain Nickel as he has already said he needs more Nickel) might drive people into getting their hands on limited future supply etc. I would prefer to see a deal on Vermehlo that meant little to no dilution for getting phase 1 going. Capitalise on the growing desire for EV Nickel to monitise Vermehlo early to help the rest of the project.
Everyone seems eager to rush a finance deal when the macro conditions are not ideal but have room to improve. There are more reasons to see it delayed than rushed as far as I am concerned. The Nickel has been proven the plans are ready that 'cannot' be taken away from us. Will people trade out to make a quick buck somewhere else...maybe, good luck to them, they weren't really investors anyway. Something could drop anytime. I also don't think it is a good idea to waste value enhancing news when a seller will absorb the liquidity from it and give them a better price. Better to work them out and then when gone ramp up the news flow.

Comments slating Selby and his project big style.

Both copper and Nickel takign a hammering since just before 16.30..... it is like a switch getting flicked somewhere and someone deciding a new direction!

No Wasrunner, it rarely moves more than 4.5% and is very sensitive to the downsie after such moves. It will pull back into close as traders get itchy feet and at best hope for a consolidation tomorrow rather than a heafty pull back. ONe bit of bad news is all it takes to drop sharply form day to day. It is in a long upward trend at the moment and despite the calls for a surplus this year the inventory curve has flatlined at the 235k for months now so appears in balance. However these are 3 month futures.....so perhaps looking at promising demand into end of year.

I laughint he face of your 14512...... 14630

14500 is really important for having a go at the major downtrend starting last year.

Is there a reason you are making the assumption that Lombard are selling?

Though the seller just does not care what price it is....

It appears it actually goes to 7pm!? Trade is thinner after 5pm and even thinner after 6pm.

Finished 1.42% mid price 13890
Highest finish since Jan 20th.

Nickel runs until 6pm in lighter trade and then a 15min extension after that, and that can be followed to 6.15pm on here
https://uk.investing.com/commodities/nickel?cid=959208

Comes in batches.... Certainly eager today.

If you sell good chance buy price will not runaway as you reloadeelsewhere.

Coinciding with a technical sell off from $14k was a general sell off of futures and copper, plus strengthening dollar. So it is not just Nickel that reversed strongly though Nickel always over reacts

What is the point of being on the exchange if liquidity is that poor, it does not reflect the trading volume properly.

Think of them as transactions not buys or sells, because every transaction is actually a buy and sell. In non sets trading the MMs are all one side of the trade and retail on the other. On BID the MM is buying and you are selling, on the ASK the MM is selling and you are buying. Numis have stock that they don't want now so they are no longer a buyer and only a seller in the market. L2 is a guide on MM positioning though they thoroughly abuse that and fake a lot. The transaction price (I say that because that is all the Stock Exchange releases) is given a buy/sell by the website showing you the trades. Best way to know where the real buy and sell price is, is do a small dummy buy or sell on your trading account and you will see what is really being offered, not the spread postions. That way you will pick up a lot of the misguided buy/sell signals. More often on wider spreads where trading of all transactions happens one side of the middle.

this afternoon. That was the 2pm selloff start price and it has hit it 3 times since then and got sold off technically.

All those 3.7s and 3.74s are Numis getting cleared out.....tick tock