The price of alumina and increased revenue seems to have gone up at least three times as much as the cost of oil in the past month.
For me, if Rusia's alumina gets sanction plus with the increase of electric vehicles, this company could be a cash machine.
Alumina could see prices at an ATH.
I see Alumina price increasing even without Russia.
The problem IMHO is that it will take a while for the market to recognise this.
So I don't expect the price to move to much in the next 3-6 months.
I think it should rerate around $2.80-$3.00 late in the year.
The price of alumina and increased revenue seems to have gone up...
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