Great interview, Mark Selby certainly knows what he is talking...

Great interview, Mark Selby certainly knows what he is talking about. He has dedicated his career to Nickel. With the collaboration of leading Nickel suppliers to create a OPEC style cartel unofficially known as ONEC this can only be a very positive outcome for any company outside of the ONEC just like Aston. As Mark states when asked is this a good outcome for companies like Canada Nickel his response was ‘ a thousand times YES’.

Basically once established ONEC will control the Nickel price. External factors lower price of Nickel, they decrease production and bring price back up. Vice versa, external factors push nickel price up, they increase production and bring price down. All the while maintaining a nickel price that creates significant profits for suppliers and affordable for consumers to allow mass adoption.

How this benefits companies like Aston is


1. They will benefit from the increased nickel prices e.g usd$25-30,000 ton increasing profit margins.

2. This will increase pressure on government and consumers to secure supply outside of ONEC Chinese supply lines and invest capital and increase tax incentives to ensure Canadian supply is created and secured.