Banter and General Comments, page-1242

Good post retro and good luck.

Holding a few significant positions in the concentrate space, most of which have become very "frothy" all in the last 3 months. I am reducing exposure as I expect a full round of CRs soon capitalising on recent SP gains.

This cycle happened 3 or 4 years ago pretty much the same way.

Globally, there is no shortage of producers across the required product band.

I am very very long on another less politically correct "hot potato" commodity on the other hand, whose application in use produces zero carbon emissions. Supply is tight, mines are mostly in C&M with only spot supply. Demand is, without reservation, increasing for decades to come. Coiled spring if ever I saw one, not unlike 15 years ago.

No guesses.