reality check for the bulls, page-8

Melua,

As has been posted a million times, you correctly picked a sell at $1.09 blah blah blah as all has been said. Well Done.

To the point where we are now, you have marked out a valuation of 60c from Ni at $20000t. All good maths etc.

As this is a just valuation , why in the hell would anyone pay any more , even in the long term than 60c, maybe 70c. Just doesn't make any sense.Nickel is not going back up as the speculation is gone from it now.

Am I missing something here?