Ann: Drilling and Exploration Update at Storm Copper, page-35

From Money Morning article

‘However, there’s one metal that sits uniquely among all others…‘Copper.‘As the only viable option for conducting electricity, copper holds unique physical properties that make it the critical metal for the ages.‘This is NOT a one hit wonder commodity.‘In a future ‘electrified’ world, copper cannot be replaced with an alternative metal.‘The laws of physics all but guarantee that.‘It sits at the heart of the green energy transition but is also crucial for traditional manufacturing and construction.’Echoing Chancellor, James thinks the case for copper’s long-term upside rests exclusively on supply:‘As the Canadian billionaire mining magnate and CEO of the Ivanhoe Mines [TSE:IVN] puts it, the outlook for copper rests on one-third demand and two-thirds supply.‘Supply (or lack of it) will be the primary driving force behind what I believe will be a new copper boom, one that could rival perhaps the largest ever recorded…‘That was way back during the US Civil War, more than 160 years ago, when copper reached a staggering $8 a pound!’The Department of Industry, Science and Resources agrees, stating in the latest Resources and energy quarterly:‘However, it is forecast that [copper] demand will outpace supply from 2026, resulting in market deficits and upward pressure on prices. Higher production costs (partly due to declining ore grades), higher capex and higher financing costs will add to upward pressure on prices.’

Perfect timing for Storm to come on line with a DSO operation!!!!

Assays coming and massive rerate