This is silly. The ASIC at Matsa was originally pegged at 50c a...

This is silly. The ASIC at Matsa was originally pegged at 50c a pound, now with energy crisis $1 per pound. This is facing everyone in Europe so isn't isolated to SFR. It's also a lift in cost as copper prices rises, cancelling out to some degree. The new estimated cost of $1 per pound is actually still less than Degrussa ASIC as far as I recall, and that's without using the same solar solutions that they have at Degrussa.

all of that together makes it seem a big over reaction, most probably due to the surprise nature that makes it look like it's bad DD but actually just may be the idiosyncrasies of the energy market in Europe. This is a thread about a director dropping $100k to pick more up at these prices remember.

is there more systemic risk here? I would like to know, legitimately. Any big brains able to comment?