Yes, K. I'd say C & M is eminent. Have look at the upside....

Yes, K. I'd say C & M is eminent. Have look at the upside. Should be able to pick a parcel in a quality ni producer for a song. Recon when it turns it will be V shaped. As our MD put it " once demand picks up, and it will, global stocks will erode quite quickly and then it will become evident that supply will become quite constrained". Also said " it is possible that the ni price will react well before the actual squeeze happens. When it finally starts to move upwards it could move very quickly"
Timing is going to be the key. I' m surprised that, in the face of the tumbling price, that MCR has held up so well.
Of course there has been a huge amount of new economic info since the MD interview which has not been favourable.