The SP may go to 1.10 short-term. But it will definitely go to 3.10 and more at some point.
" a little boy had a bike. He rode it everywhere. One day he hated the bike. He told his mother, its a girls bike, his friends make fun of him. The next day he loved the bike again. His father polished a red bike that had faded. " perception.
Its really up to you what to do. The current SP is less than the value of one asset in the company that you own. There's no new mines coming on line. End use is growing at 15-20% CAGR. Other companies will go out of business before this and supply will get even tighter.
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1.10 could be the next leg down, page-42
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