RE:RE:Contrarion's StrategyMarket seems a little panicked right now.
Can see it popping up to 50 - 60 if things settle down. But I wouldn't buy it personally. Any company that has bankruptcy as a possibility in the next several years is not one for my portfolio.
In my opinion (as I've said many times) Vale is a better play on Co / Ni. And it shows in their stock performance compared to Sherritt.
Their managament is much better. They killed it with their streaming deal versus floundering Sherritt. Won't be able to stream cobalt for the next 100 years at these prices.