Also worth mentioning the total lack of climate policy or any kind of plan to transition
the economy out of its current dependence on fossil fuels/iron ore exports/land sales tax. Quite the opposite really .
We are going to be lucky with the incoming Nickel, Copper and and Lithium demand that will be required as the rest of the world accelerates towards this electrical revolution.
I'm sure we're going to get smashed by tariffs on imports and various other taxes which I don't think has ever happened before?
Not sure how the ESG thing is going to play out, how do you run a carbon neutral copper mine out in the Aus desert? Hydrogen solutions are a decade away at least imo.
All these growing small caps are going to have to meet requirements somehow so end users can get that shiny environmentally approved sticker.
I can't see the market crashing as a whole, would not want to be involved in purchasing properties at current levels. I feel a lot of the market is overvalued at current.
This is all speculation of course..
Predicting 19.5 for Monday, I will be on the live stream so hopefully get some detailed answers. Any vague or ignorant statements are not going to fair well with long termers I don't think.
dyor
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