Just the beginning ...6 Feb 2022 12:44
If Li ultimately is "proportionate" to Ni, Cu, Zn, etc in terms of industry exposure, TRR will be a much larger co. The beauty of the model is that, if you focus on depressed or laggard commodities, you will reap even greater rewards than your 'booked IRR" as the commodity returns to balance. At least in the growth phase of TRR, this offers the potential for better returns.