RE: Ursula Von dear Leyen24 Feb 2022 14:31
Apart from the human tragedy in Ukraine.
The big issue what i'm getting my head around, severe sanctions will come in. Yes Nickel price has gone up. But no one other than maybe chinese are going to buy off them. Supply is there, demand for russian goods will be non existent, useless! From now on trade with Russia has halted, even the Japanese have called for drastic sanctions - Country we all thought could be interested in EUA! Well definitely not now.
Our BOD suggested this issue will not be a problem. Not a western country, don't know what someone like Putin has planned.
Whoever was interested, are they still at the table. Finance will have dried up, Moscow Exchange down 30%, if no one to sell the Nickel to, why buy. Questions questions questions i'm sure all are asking themselves right now.
Most will be in a very difficult position, best luck to all. A right kick in the teeth.