How can anyone possibly believe them?????
What are the odds they are exposed to the Tsinshan Ni short and a lower Ni price would certainly reduce their exposure.
Remember also the Global Financial Crisis and their role in that?
Common sense states that increasing demand without a corresponding increase in supply affects prices by increasing them.
Just look at all the additional mega factories and battery plants coming on-line and more demand coming up once China reduces/removes lock downs.
..... believe these pronouncements at your own peril.
POS production next year will be coming on-stream at the right time. If pprices continue upwards then DSO for a short time is also a consideration.
All IMO and DYOR. Good luck!
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