Member Info for Blue1234

It’s hard to say! Someone’s been manipulating the price for a while! Massive sell offs followed by days of massive buys! I think someone’s actually accumulating! I mean, if you wanted to add to your shares, 1) you wouldn’t want to increase the share price & 2) you’d want those shares as cheap as possible!

I wouldn’t automatically believe someone’s exiting, they may actually be gaining!

https://emerging-europe.com/newsupdates/russias-norilsk-nickel-ramps-up-finnish-output-to-prevent-eu-wide-nickel-shortage/

2 economic forces at play here... Price per tonne sold and price per tonne mined/processed. Looks like Norilsk is heading in the right way! They will be very competitive in years to come!

#playingthelonggame

No idea what people’s obsession is with China, but let’s point out the obvious here!

China is soaking up the worlds resources, because it takes good quality material, and just makes ****! That **** then breaks so it needs more!

China’s top selling EV is a £3.5K mini EV that is so poorly built, one accident and it’ll be scrapped! Not to mention, driver will be dead... But, if they’re lucky enough to survive, they will need a new car... And that’s after running a cat over!

No doubt, the very low range, long charge, poor battery will need replacing, ever 2 years! One cold winter and they f’d.

It won’t take China long before it blows its way through that class 2 nickel!

The big boys, the interesting markets are Europe and America! The reason being is they won’t buy cheap ****! We don’t want uncomfortable cheaply made cars that won’t last.

So, the nickel market will have a stream of constant demand from China, and quality stuff will be needed for the rest of the world!

I guess you people have never wondered how so much oil is produced, at so little price per barrel!

I’ll let you into a secret! At one point, oil was really expensive to produce! Demand grew, so investments were made into infrastructure and technology, and now it can survive a global pandemic at floor prices! But anyway, the worlds moving away from oil and into green energy!

Mining has had so little investments in recent years, that mining is still massively expensive! The price of metal has been low! Mining companies are struggling on a 9% profit margin.

What will happen in the green revolution is mining will get much needed investments, new tech, which will result in mining being cheaper! Demand is only one part of the equation, which is set to increase, due to various infrastructure changes, countries building new capital cities, countries going green, EV. But also, mining itself will ultimately become cheaper!

You was the one that suggested America would stick to gas guzzlers! So I explained as to why I was looking at the American market.

The world is so intwined proven by Covid! One country locked down, the whole world had to follow! The one country that didn’t, Sweden, didn’t fair to well economically. Took a hit just like the rest. It’s ridiculous to assume that no other country will follow the rest, when really, it will have no choice.

I’ve been around long enough thank you!

You’re looking at now, I’m looking to the future market! America will not stick with its gas guzzlers, oil will become expensive as oil tycoons follow the money! Ie mining.

What you want is demand to slow as it will create a bottle neck! Also, those that uptake EV atm will likely lose out on better technologies that will come to the fore.

It’s the rabbit and tortoise at race here in my opinion! And personally I believe the tortoise will win!

EV sales in the United States had been slowing before the COVID-19 crisis, with annual growth decreasing from 80 percent in 2018 to 12 percent in 2019. A number of US-based OEMs have recently delayed the start of production on new EV models (as of May 2020, they had postponed the introduction of at least five).

It may just have been an American site that I read, might not have been a global statistic! I read so many statistics, that my heads rammed with useful and useless information.

We all know, the population will be forced to take up EV tech, whether they like it or not. I’m not saying the demand is going away, the demand is guaranteed. What I’m saying is, there’s massive market forces at play, and no one knows how this will play out!

You have competition within mining.
Competition within battery technology.
Competition within countries (India has already stated it won’t be relying on China)
Competition with car manufacturers.
Completion within consumers (wanting better than joe down road)

As stated the race has just begun!

They are uncertain times, BUT if you look at the petrol/diesel markets, how many engine ranges do they have... If you buy a £20k Ford, you don’t have the same engine as a £200k Porsche. Well that’s going to come through on EV market. There will be a massive range of batteries on offer, and consumers will ultimately decide! I’m not worried that some companies have sworn not to use nickel, their minds will be changed!

Currently the selling of EV has slowed, because they are still too expensive for the vast majority of people, so price has to come down! The cheapest processing and better quality of end products will win out!

This race has only just started! Exciting times ahead!

China is obviously trying to capitalise on the EV battery race, by partnering up with Indonesia, with its class 2 nickel! I believe it will be a big mistake, and will turn out far more costly than they even imagine. I also believe the batteries that nickel will produce will be of low quality!

Just my opinion though... Time will tell!

https://www.google.co.uk/amp/s/www.globalminingreview.com/mining/30032021/mincor-opens-cassini-nickel-mine-in-kambalda/amp/

Proves China hasn’t won the race just yet!

Russia’s Norilsk Nickel believes that market players “who first secure the most reliable and responsibly sourced nickel supply in terms of quality stability and implement synergy integration, will have a competitive advantage and a platform for future growth along with the promising battery market.”

https://resourceworld.com/green-energy-investment-will-be-significant-driver-of-nickel-prices-in-years-ahead/

Interest in class 1 nickel projects has ramped up in recent years because of forecast electric vehicle (EV) demand. Tesla (US:TSLA) and its battery partners have largely phased out the use of cobalt in favour of nickel, and Elon Musk has said he is more concerned about nickel supplies than any other metal used for EVs.

This Tsingshan deal effectively sees the company promise to fill class 1 demand with class 2 supply, possibly removing the price gap and supply concerns. Nickel matte, which Tsingshan is selling, is the last step in a lot of processing that sees Tsingshan’s laterite ore turned to nickel pig iron, then into nickel matte, which can be then processed into pure nickel as needed by the battery makers. This isn’t just sending the ore around the plant a few more times, this process will add cost and the carbon footprint compared to class 1 nickel supply.

Environmental concerns are never far away when nickel is concerned.

Tsingshan has previously managed to generate some level of notoriety outside the metals world thanks to a plan to dump millions of tonnes of mine waste into the sea in Indonesia. While this has been rethought, the processing needed to turn the ore from these mines - high-pressure acid leaching (HPAL) - is still extremely expensive and hard to get right, on top of needing huge amounts of power, often from coal plants.

https://www.investorschronicle.co.uk/news/2021/03/09/tesla-or-tsingshan-nickel-market-at-crossroads/

The worlds meant to be decreasing the price of EV batteries, not increasing them!

RL

You have stated more than once you ain’t even invested here.. Why are you even here? Seems a bit odd?

Is it because you’re paid to talk this share price down?

https://www.google.co.uk/amp/s/english.etnews.com/amp/20210408200002

https://www.metalbulletin.com/Article/3977365/PRICING-NOTICE-Proposal-to-launch-reference-prices-for-nickel-sulfate-market.html

Interesting article that proposes to run 2 separate nickel markets... A price for class one battery grade nickel, and a price for class 2 stainless steel.

As seen in an earlier post by TDT, the nickel market fell on the so called use of class 2 nickel in batteries! Well we all know what happens when it’s made in China! Lol....

There’s talk that ‘class 2’ will do, and we are seeing many companies, such as Decar jumping on the EV bandwagon, but will it? It is highly polluting and expensive and certainly does not fit in with the ‘green’ revolution.

I’m not wishing for a Russian billionaire investment or takeover! The point of the post is there’s obvious interest in mining in the Far East of Russia! More investments into other mines can mean further investment into needed infrastructure, new technology, better trained employees!

I predict the mining industry in Russia will take off... Seeing as it’s oil based economy will soon be in serious decline if it doesn’t switch!

Major countries in worldwide nickel mine production from 2010 to 2020 (in metric tons)

2010 2014 2019 2020*
Indonesia 232,000 177,000 853,000 760,000
Philippines 173,000 523,000 323,000 320,000
Russia 269,000 239,000 279,000 280,000
New Caledonia** 59,100 178,000 208,000 200,000
Australia 170,000 245,000 159,000 170,000
Canada 158,000 235,000 181,000 150,000
China 79,000 100,000 120,000 120,000
Brazil 130,000 102,000 60,600 73,000
Cuba 70,000 50,400 49,200 49,000
Dominican Republic 3,100 - 56,900 47,000
United States*** - - 13,500 16,000

https://www.statista.com/statistics/264642/nickel-mine-production-by-country/

Nickel production falling globally as of 2020!

https://www.google.co.uk/amp/s/www.bnnbloomberg.ca/russian-tycoon-komarov-eyes-precious-metals-after-pipes-sale-1.1587568.amp.html

China will launch an inspection task force to check the implementation of policies on steel-capacity cuts this year, according to the National Development and Reform Commission. Top officials have vowed to reinforce pollution curbs after inspections found some steel mills in china were violating output restrictions and faking documents. We suspect the initiative is designed to close the worst polluting furnaces while allowing better producers to expand We expect these inspections to result in increased use of vanadium and higher-grade and cleaner Australian iron ore.

https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/945602

Well, all we know up to now is the deal went bad... Then they tried to sneak in back door, have they all of a sudden got bored and decided against taking over the company?

They can only snap this up cheap if people sell their shares cheap! Personally, I’m holding! I have topped up at the bottom (almost).

So now we’ve had a valuation of 8.9p put on this! Will that tempt enough competition for AE so that they don’t snap this too cheap! We can only hope at this point!