Hi Tera
just to point out that Nic has, friendly close tie with TD (a Chinese private company) which it self has very close relationship with CCP.
Nic operate in Indonesia, a democratic sovereign country with its own laws and policies. Given this economic set up, imo the future for Nic is bright because of the multilateral interest involved....
Beside the normal market variables of offer and demand, on the policy/political front I think Nic is in a fantastic place. The Indonesian Gov. is seen one of the most friendly policy maker to foreign entity, (I mean zero tax for 10 years. Possibly the only place on hearth).
TD is the biggest producer of nickel and steel in China, but is private, meaning that is free to start joint ventures with almost any foreign company. Indeed because the cheap and policy friendly jurisdiction, Indonesia Nickel and TD is becoming the place to go for many battery nickel producers and consumers. This insure that there will always demand for Nic production.
In other words imo Nic is more tied and connected with Indonesia, TD and its connections, then been directly tied to China.
As long as Indonesia/China relationships are fine, we are in a great place.
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