No commodity ever stays down forever. The cure for low prices is low prices.
Nickel the most recent victim, but savvy investors are making bank now that indo is turning to shit (people said it would kill nickel for 20 years...3 years later...)
Copper only a year ago was seen to be doomed forever. Again, investors that bought the lows are doing very well now.
Uranium before that.
Lithium has had 2 meltdowns and 3 meltups. Despite some news stating batteries are slowing down, facts are the opposite (see benchmark or fastmarkets)
Graphite will come back. Tariffs will help. China can't keep producing graphite and rare earth's the way they do. Incredibly enviromentally destructive. Graphite is one geopolitical announcement away from a boom.
Keep going ITM our day will come.
ITM Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
