AW1 General Chat, page-3407

The copper price's real driver is industrialisation of India, the Middle East and Africa.

Supplementary trends which help on the demand side is war (which permanently removes copper), EV's and electrification & AI data centers/power grids.

The supply side has been talked about ad nauseum. It's f*ed and the question really has to be asked where they're going to get the copper from. Not enough tons to meet proposed industrialisation. Bunn is right this time around, most copper mines take 15 years to come online. And even then, how many good projects are sitting on the sidelines waiting to be activated by a higher copper price? There are a few, but not as many as one would first assume.

Thankfully AW1 is not trying to start a full mine just yet, but rather a DSO operation. And has the competitive advantage of several huge delaying factors that normally make a project take 15 years to come online just flat out not applying to us (no tailings, no first nations and more).

Copper is a long game, until 2050.