MAG 3.39% 6.1¢ magmatic resources limited

Ann: Diamond Drilling Recommences at Myall, page-24

  1. 498 Posts.
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    in regards to copper price and demand I still don't get the present prevailing price... I saw something the other day, where saying to electrify the world we need twice as much copped in next 20 years then produced in last known history...

    so why are prices still around long term trends and nothing abnormal. Unlike lithium which is about as frothy and bubbly as it gets. I have a mate who is pretty senior in the game and he is saying that bubble isn't going to last before a massive reset and steadies to something sustainable.
 
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