a report on BHP website that is well worth reading. http://www.bhpbilliton.com/bbContentRepository/docs/110504MhMacquarieConference.pdf
This is an indepth report on future trends for economies, materials etc. The news for copper is VERY promising if you own copper shares.The demand forecast for copper is set to rise by 70% over the next 15 years (slide 17). Combined with the fact that the average grade of copper being mined has fallen off world wide, this would suggest that copper prices will remain relatively high for relatively longer. So while modelling for DML thought I'd share a little picture with some scenarios.
DML Price at posting:
$1.28 Sentiment: Buy Disclosure: Held