Yea well, I am betting on further rebound in the copper price, and with less confidence the nickel price. I am also wary of binary events, including the next news on production, which I believe would need to be quite bad for you to get your 5 cents.
I prefer to spend more time on understanding it’s likely cashflow position than in guessing the sp.
There certainly seems to be keen selling, but I have no idea whether they are just frustrated, or whether they know something material that isn’t public.
EL
thoughts/questions, page-28
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