NWC 0.00% 3.6¢ new world resources limited

Afternoon Guys,An excellent announcement once again and NWC are...

  1. JID
    3,676 Posts.
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    Afternoon Guys,

    An excellent announcement once again and NWC are doing what they can given the circumstances re lab turnaround times.

    Whilst not directly related to NWC, I think this article (link below) really shows why, if you want to play the Energy Transition theme, that Cu is the go-to metal of choice for investors. There is simply too much technology obsolescence risk in having large exposure to some of the niche battery metals (although a good project is a good project):

    https://www.mining.com/cobalt-nickel-free-electric-car-batteries-are-a-runaway-success/

    As per the graphic below (unrelated to linked article), Cu is the ubiquitous, non-substitutable Energy Transition metal ... and there isn't enough of it !!

    https://hotcopper.com.au/data/attachments/2994/2994332-06648a28c8fc8d9c8d73f78a49819be7.jpg


    As discussed previously, IMO, the best way to gain exposure is via a number of positions across the quality VMS plays.

    Cheers
    John


 
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