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There may be insufficient reserves to sustain current high rates of copper consumption

Like fossil fuels, copper is a finite resource. The Earth has an estimated 61 years of copper reserves remaining.

It has been suggested copper might run out within 25 years based on a reasonable extrapolation of 2% growth per year

Copper is used in many applications on the planet. Copper's demand is based on a need and not just a want. Because of this copper is considered a less risky investment than metals such as gold and silver because it will always have an underlying value based on serving a function in society.

The world's ever increasing awareness of human impact on the environment suggests that copper with be used heavily far into the future. Copper is easily recycled, much easier than other metals or building products. About 80% of the copper ever mined is still being used today.

Copper has withstood time as the most functional metal on the earth. Prices may rise and fall, but copper's long term value will still remain for years to come. This is why IMO, OZL at its current price is undervalued.

Copper is also used as a liner in shaped-charge armor-piercing warheads, and in small arms ammunition, commonly uses copper as a jacketing material around the bullet core.

As we all know, there will be a great need for these types of ammunition right now, by the USA, Britain, Australia etc now, and into the future.

Copper has got a bright future.