There is only one real clean Copper play and it is Here.
AMI if you want both Copper ( unhedged ) and Zinc.
I don't think you need worry about the share price needing to hit 10c.
A few days I figure after the end of month I have no doubt there will be some announcement to tickle the ivories.
IMHO- Our new man hasn't taken this job to have its name making potential swept out from under him by this company being swiped under priced.
Freepoint just care about securing supply and they have Life of Mine no matter who owns the company.
You've had your existing shareholder investment Presentation to reassure existing holders all is sweet and tons and development up with good news to come on resources.
That has tickled the share price up,so has a rise in the Copper Price,along with Zinc which co-incided within hours to the destruction of an estimated 750000 Russian artillery rounds by Ukraine in the first AMMO dump attack one of MANY since.
Doesn't appear related until you understand Western 155mm rounds have a compression ring and use around 400g of Copper
for each shell.U.S. production just now reached 100k a month(tripling in 12 months) and rising to 120K by year end I believe.Used to be around a steady 10k/month 3yrs ago.
Shells for Soviet gear have brass cases made from both Copper and Zinc for the charge and detonators and India is making a fair few for Ukraine.I haven't been able to ascertain brass content in their 152MM shells,but it is not insignificant.
Every man and his dog globally is upping AMMO production.
Throw in some middle east shell use,add all the smaller arm AMMO getting burnt and the worlds now burning new Copper and Zinc supply in non-recyclable ways rather fast in addition to normal electrification demand globally.
DYOR + DYODD Some sourced or even processed minerals from non - aligned countries cannot be used in US AMMO and US Copper processors are currently starved for concentrate supply - talk of potential Aussie sourcing for feed shortfall in one US reactivated Copper processing line.
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