Replies to post #790 on Giga Metals Corp (GIGGF)

[kxthyag]

I agree with his analysis.
Very soon hedge funds,investment bankers will stake x% ownership claim/provide financing or already in the process.
As the CEO mentioned in other presentations, he needs long term commitments for this to get the momentum.
Todays nickel demand spread is 77% in stainless steel,10-15% in alloys and only 3% in autos.
But with green energy and ev in play for net 20-30 years(several countries as a whole have made commitments to go 100% ev), the auto demand for nickel 95% grade is supposed to explode 50-60 fold creating stable to spiked up commodity prices for Ni.
we as retail always come to know after the facts.
Matter of time
Plus this stock will always have some premium tied to it imho.
Speculation already in play.
Volatality is good.
How much premium? Well we wait for next week whether TSLA or not.
Indonesia,which has the worlds largest 95% grade, already imposed a ban favouring russia and china.Brazil geopolitically is unstable. Imho his geopolitical reference was to this.
Western nations have to rely on their traditional allies.

[kxthyag]

I agree with his analysis.
Very soon hedge funds,investment bankers will stake x% ownership claim/provide financing or already in the process.
As the CEO mentioned in other presentations, he needs long term commitments for this to get the momentum.
Todays nickel demand spread is 77% in stainless steel,10-15% in alloys and only 3% in autos.
But with green energy and ev in play for net 20-30 years(several countries as a whole have made commitments to go 100% ev), the auto demand for nickel 95% grade is supposed to explode 50-60 fold creating stable to spiked up commodity prices for Ni.
we as retail always come to know after the facts.
Matter of time
Plus this stock will always have some premium tied to it imho.
Speculation already in play.
Volatality is good.
How much premium? Well we wait for next week whether TSLA or not.
Indonesia,which has the worlds largest 95% grade, already imposed a ban favouring russia and china.Brazil geopolitically is unstable. Imho his geopolitical reference was to this.
Western nations have to rely on their traditional allies.