RE:RE:up up up At this Ni price, Cuba will have enough cash flow from Moa to pay more than the entire Receivable owed to S this year! Look at the math guys...as Carlos Slim says, "the numbers don't lie".
Stagflation is good for molecule producers like S. This is a 4 bagger by YE22.
Doubters will not be able to doubt the FCF that pours in and delevers the EV which all acrrues to the stock. Even this analyst at BNS will be forced to raise his target...he has Ni at U$8.50 (trading at $12.15 as I write) for the year. We are almost through the 1Q22 and it is likely to avg $11.00 for them on cash costs of $4.25 or less given Co pricing. Work that out on 4,200 tons. 1Q22 Ebitda for just S for this 1Q22 will be clsoe to what BNS is looking at for the entire year!! And Cuba will make the same Ebitda as S on their 50%.