$40 not realistic. The January highs are in the past. Won't be seen again for years. $27-$29 gets it done. Copper may not have a $4 in front of it for years. The world is a mess its being led by morons. There is a high degree of probability that the world will walk back from all this electrification. It comes down to the fact that governments are broke the infrastructure is not ready with no entity to pay for it. I see the possibility that in years to come western governments change to conservatives and address the cost of living crunch being caused by high energy costs by going back to cheaper energy. This cost of living crisis has the ability to destroy society if not addressed.
OZL Price at posting:
$25.59 Sentiment: Sell Disclosure: Not Held