IGO is still producing NI at current NP
IGOs buy of WSA for $1.2B now proven a very expensive cashburning failure as I called it back then.
Macq boyz will be laughing at their flip of their WSA darling at high price but now are likely lining up IGOs rebound runup after SHORTING it to 3 year lows.
The rebound is only a matter of time
The Indo Ni is all going to china and will not save western supply, in fact its the exact opposite.
The deficit is worsening while the NP remains low
The eastern blockade of western Ni supply has been an incredible success & will affect geopolitics in decades to come maybe even inspiring chinas inevitable invasion of taiwan
Meanwhile IGO lows are an opportunity imho.
IGO is still producing NI at current NP IGOs buy of WSA for...
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$5.55 |
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