AW1 0.00% 7.7¢ american west metals limited

AW1 General Chat, page-2715

  1. 24,908 Posts.
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    If you look at what happened to lithium stocks it was those early producers who got all the cream and now it's fizzled out, but copper isn't abundant on this planet as lithium is.

    A copper mine takes a decade+ to get up and running - there's no substitute for copper - there's not an abundance of copper around and if memoryserves there's been no decent discovery for 15 years - electrification isn'tgoing away! but recently demand forecasts for EV’s have been lowered - improved tech will make finding deposits easier (see BHP / Jetti Res for example) - copperis a good place to be but the market usually has a way of tempering overly optimistic forecasts over time.

    I've previously offered the opinion that ‘a risingtide will lift all boats’ with producers and near term producers the ones tobenefit the most and Tier 1 targets attracting a premium also.


    When Dave comes out with timeframes is the market, asopposed to HC faithful, going to believe him (he’s got form) or are they goingto make their own assessment?




    Last edited by Bunn-Wackett: 14/04/24
 
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