This is a business.
We hire people to look at options in terms of present opportunities and future trends. Long term Ni prices will be going down but to where. Who knows. I am also reading companies are holding off buying Ni in the hopes of seeing if it is going lower. Sounds just like buying shares to me. Costs are going up and sooner or later buyers are going to have to buy. The million dollar question is what price are they going to get it at? We just don't know!
Right now I do not have a crystal ball to predict the future. We are worried but so are they and they see everything (all results, all costs ) and we do not see the whole picture.
This is the summer time, go out and enjoy the weather.