NO, NO u don't sell today or tomorrow:
Morgan Stanley increased their PT today to $4.45 a share today while Macquarie upgrade WSA target to $4.00 however it was comments by IGO at the Goldman Sachs Battery Day Conference which put a rocket under both WSA + IGO today. In short, Nickel is in global deficit now while demand will accelerate substantially as electric vehicles make up c30% of global car sales by 2040 + the changing chemistry in electric vehicle batteries towards those with higher Nickel (& less Cobalt) content will amplify the demand for Nickel even further. Clearly this is a huge global change and this space will have structural tailwinds for many years ahead.
https://www.livewiremarkets.com/wires/what-mattered-today-nickel-stocks-crank-up-banks-lag
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