Citigroup estimates that the global copper market will reach a 521,000 metric ton deficit in 2021. And that gap will continue to deepen as we electrify.
Just take a look at Damlier AG up and coming fleet of cars and their technology and you get a hint of how the future will look. Probably a good time to buy a G63 or any car with a good old V8.
We are sitting on a nice piece of realestate, JV with ANX and our own mine with 10m being spent on drilling to further expand our deposit.
I agree I think mining this resource will put us on the map. I didn't expect the quick rise in copper prices considering what's happening in China and the European energy crisis which suggests to me that the price is more stickier and will continue to rise. Inflation does not look transitory and our timing couldn't be better.
That's my weekend rant
Ann: Company Name Change & New ASX Code DVP, page-67
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Last
$2.23 |
Change
0.030(1.36%) |
Mkt cap ! $575.4M | |||
| Open | High | Low | Value | Volume |
| $2.21 | $2.27 | $2.19 | $822.5K | 368.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3338 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 507 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |