totally agree with all that SB. And it touches on the theories presented to us from Goldman Sachs and JB Morgan’s of the world. In this climate, many projects will be hard to finance and therefore the supply coming on stream will be muted (far less than what the brokers generally are suggesting mid term). They claim more supply will come on stream in the next couple of years but I don’t see it, especially too Should prices generally not stay above cost curves. there view of over supply doesn’t stack up.
thanks for your valued posts SB. You bring value to the thread. Regards TL.
totally agree with all that SB. And it touches on the theories...
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