RE:David Cates PrognosisNow those comments are funny! He actually states in that clip that we should have demand and supply equilibrium by next year, which means massive spot price pop! Credit Suisse came out with some extremely conservative report saying it wouldn’t be until 2026. Lol I would be absolutely embarrassed if I worked there with that report. More mine closures and production cuts mean further increases in spot price! PERIOD! Think of oil as an example, supply gets cut, prices to up! Doesn’t matter how long it takes to bring back online. Doesn’t work that way. Can’t believe the dumbasses on this board.