Yes, not long to go now. In some ways it could be seen as a responsible political decision to wait for the result before making decisions on finance but overall it is not, in my opinion. The Australian nickel industry needs assistance regardless of the IRA act, Australia needs to establish secure battery supply chains, the world needs leaders in green nickel and the European Battery Passport requirements will be unaffected by who wins in the US.
The war in Europe is approaching a critical stage however, with the escalation of NATO allowing it's long range missiles to be deployed against targets in Russia, including as far as Moscow I believe, and with Russia firing missiles at a Turkish (NATO member) ship ferrying Ukrainian grain. So politically it might be a sound decision to wait and see what happens during this volatile period leading up to the election but I wouldn't. I'd be all go, go, go.
BSX Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
