I tend to agree, but ...careful what you wish for there, Bluey.
I think nickel demand will easily take care of itself, and we're seeing plenty of supply getting stripped out of the market now as many top-of-the-cost-curve producers go underwater.
Probably some of them shouldn't have been in production for a while, and probably won't be again.
At any rate, you don't want to be a producer right now. But for where we're at, we should be happy to see production coming out of the market.
It's a story as old as time that the cure for low prices is low prices, and we'll see a rising cycle soon enough.
Meanwhile, these are great times to be getting project-ready, and for timing the next cycle.
At the same time, must say I'm excited to hear our CEO talking about targeting "re-engineering projects".
That's to really play to Damon's strengths, and I'd like to think that there may be more than just a few otherwise 'stranded assets' out there, in who knows what commodity, that may come to us precisely because of his exemplary track record in turning projects around.
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