Couple of things.
1) There is no shortage of nickel, in any form. Auto companies will not pay 12 a pound for nickel when they can get MHP from Indonesia for 2 bucks and the. pass it over the fence and make thier own sulfate and then sell the residual back to those who want to make clean nickel out of it.
2) You may want to consider practicing what you preach.
3) most of your data points are not really data points.
4) I am comfortable with what I know and what I don't know about global nickel markets. My assessment is that you know very little.
5) No one else is allowed to have an opinion without triggering you? Wtf. Seriously.
3) Look at Vale's quarterly report. Not even 1 percent of clean nickel from the North Atlantic went into EV batteries last quarter.
3) MHP from Indonesia is the intermediate product that will feed the EV sector. Some room for Sherritt to benefit.
4) I don't see nickel prices going too much lower, but wouldn't be surprised if they went another 20 percent. You know because regardless of what a certain someone wants to believe, a lot of supply has indeed come on line.
5) Oh also before I forget. The announcement out of the UK last week was irrelevant. The UK has not imported any nickel from Russia in quite some time. The LME wharehouses around the world are not part of this. Regardless of what you may think
My advice is to do some more homework and accept that others have an opinion which is based on an educated guess. Why is your guess more valid than anyone else's here?