HGO 1.52% 6.7¢ hillgrove resources limited

Good to see you are still trying to buy a few shares VYR.I was...

  1. 468 Posts.
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    Good to see you are still trying to buy a few shares VYR.
    I was reading that a Tesla uses 81 kg of copper per car.
    Think most of us know that.
    I did not know that those ugly windmills on average use 360 kg each, so by 2028, the wind turbines alone will need 5.5 million tonnes per year.
    Whole electric car market is expecting to build 60 million cars by 2025.
    It used to take 5 years from discovery to production. Now taking much longer.
    Probably nothing people on the forum don't know, but is reassuring to know that when HGO is ready to mine, demand and price should be very strong.
    Although copper price is a bit up and down, overall, I feel it will continue it's upward trend.
    Also, I don't think China will dominate the market as much as they have. Think Europe and America will become bigger copper buyers.
    I could be wrong. Time will tell.




 
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