And chances are the shorters will recoup today's losses on SIR by ripping into IGO to exploit the negative reaction to the deal on SIR. Will be an interesting battle as it unfolds, but if the SP collapses on IGO then the premium for SIR unwinds. There is an opportunity here somewhere, watching closely to see what it is.
The downtrend on nickel is a good thing for SIR going forward.
