Nice find EB but frankly I think these guys are talking out of...

Nice find EB but frankly I think these guys are talking out of their wazoos when it comes to their forecasts for nickel. I agree that cobalt has pretty well been transitioned out of the EV picture but not so nickel.

Try doing a search on twitter for "Nickel Demand" or "Nickel Supply" with a timeframe of the past week and you will see an overwhelming majority of these articles talk about the increasing demand for nickel.

Here is an example by the The West Australian put out only today:-

https://thewest.com.au/business/public-companies/nickel-provides-spark-to-light-asx-share-price-fire-c-10929891


I've also heard talk about the supply glut due to Indonesia being rich in nickel deposits - keep in mind that the majority of this is low grade nickel and extracting it will involve destroying rainforests and being an ESG nightmare with the potential carbon emissions - WMG does not have any of that

This article from the Wall Street Journal only last week touches on this:-


https://www.wsj.com/articles/electric-vehicles-batteries-nickel-pickle-indonesia-9152b1f?st=f9vlqqrvagjmk4o

This is not financial advice, I'm just trying to show the other side here. Don't always believe what you're told, a lot of the time these guys have their own agendas when pushing these views.