RE:RE:Nice to see we are finding buyers I see that gold as fallen below $2000 today as I predicted and suggested to sell at the new high. USDollar values are climbing and with that brings lower commoditiy prices.
As you can see Ni has dropped below $10 now. The slide will continue.
*All predictions I have pointed to are accurate in my recent messages on this bullboard; I hate being correct in this circumstance as I have a lot to lose.
Interest rates are starting to bite, economy slowing, USD gaining strength - flight to safety as economies sputter, further QT and interest rates to quell inflation are going to further increase value on the USD thereby dropping Ni prices. EV bubble will start to deflate with realization that we aren't ready yet, will take time for infrastructure etc.
Just chatted with someone in the know, working on improving lithium performance and is also aware of sodium chloride batteries being tested (already mentioned this earlier). Less environmental damage and really cheap to use salt.
Sherritt's increased input costs are going to squeeze their margins.
Your wait time on Sherritt will be 3-5 years dependent on the USA relationship and whether they can get rid of more debt.
GLTA