I get suspicious when commodity prices are driven down - particularly those expected to be in high demand very soon. GS line the papers explaining how Lithium and Nickel prices will slump to all time lows and that everything is overvalued - and at the very same time when shares plummet, they invest enormous amounts, enjoying the chaos and blood they created.
I would hate to see a takeover at this price, and fortunately the public are still the majority shareholders in this game - so if some company suddenly appears ready to buy it out (not unlike what happened to a well known nickel mine recently) - make sure we reject it. Hold, wait for nickel prices to go crazy in the EV and home solar battery boom, then enjoy the outcome.
Zoom out on big miners and you'll see they had the same horror times we're having right now. Good time to reduce your DCA, too.
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