Shorting a metals price doesn't reduce demand for it. So if the price does go down from shorting you could argue that market could not support the previous price. Is that the fault of the short seller or is it the short seller identifying an inefficiency in the market?
Indonesian wages are lower because their cost of living is lower. Despite this I've read that morowali workers get paid significantly more than others in Indonesia.
Dont really get your take on tax? Alot of projects in indo have tax holidays for a long time. However, the nickel mines will eventually be primarily owned by Indonesian companies through the same agreement with tax holidays.
Why should Australia get any tax? All operations are in Indonesia lmao.
Also what is a better investment? A penny stock nickel explorer that still needs oodles of money to even get close to break even production. Or a fully funded industrial nickel company ($4 billion AUD market cap) that still made US$135 million EBITDA in a quarter at the nickel markets lowest point and increased the dividend.
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