Hard to predict commodity prices or share prices, but seems to me we are at risk of a ST capitulation from MCR. Pon must have some speculators, short term or leveraged players quite nervous.
Have my core quota, topped up a week or so ago, and might just hold some dry powder in case of a nice wee ST cascade down.
At USD 6 restart not going to be too attractive, but can’t see that in a couple of years. The battery market is simply going to explode, doubling every couple of years, for a very long time, but need another couple of doublings before it’s impact is truly tangible, rather than speculative.
EL
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