CYM 0.00% 4.5¢ cyprium metals limited

Goldman Sachs has described copper as the "new oil". A...

  1. 1,467 Posts.
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    Goldman Sachs has described copper as the "new oil". A multi-year bull market in copper has been forecast.

    I think being oblivious to the imminent surge in demand - as the energy transition heats up - is kinda silly. Regardless of what one thinks about it, it is happening & gathering pace. Many investors are positioning for this now.

    Why are you trolling a copper play you don't hold? Calling it a "dog", telling us the company will never secure finance and will go into VA. I look forward to the day the finance announcement drops. I'm convinced you won't rock up and tell us how wrong you were & apologise. Guaranteed you will just create a straw man and nitpick at the deal. I can already see it.

    Production will need to double in the next decade to meet emissions targets.

    With declining head grades worldwide & marginal costs of production increasing, a robust copper price will be needed to incentivise supply. This is economics 101.

    Bring on this rude shock.

    Oh, and finance.
 
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