Read the Goldman Sachs latest nickel report if you can get it - in my opinion it says that long-term potential is trumping (pun intended) short-term big weakness, hence the price is shooting up.
(Because as per Keynes “beauty pageant” - the key commentators and institutions and other judges believe the long-term potential).
long-term nickel potential a) batteries and EV b) Indonesia export ban
so we need the same for tin. Needs to be reports by the industry association and Goldman Sachs that show that Tin has huge long-term potential that “trumps” short-term weakness
long-term Tin potential a) batteries and EVs and robotics b) China export ban in a trade war, with Tin being a US strategic metal the US imports from China
I’ve sent my emails to all and sundry on this, so you guys and gals here, please feel free to try and the main brokers (Goldman Sachs, UBS, cIBC etc) to cover this angle
MLX Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
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