load up here imho
POS cant go much lower & the large majority of owners here need 8.0 - 11.0 to breakeven.
The Li boom will be upon us soon no doubt and the NP will recover above 10.00 but with flaccid management it may not do much as we saw before when the LiP NP booms were ignored by management.
Hopefully CJ is different and not just a lacky like the others were.
Saw AFAF taking up COP renewables on ABC news and yet Ni production in Oz is in strife due to high costs and wages.
Even a BFS with AISC at 4.90 uslb with a ready dewatered open pit wasnt enough for POS to restart for them. Too risky,
so they wait for nirvana but plan for a P&D yet again.
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