CYM 6.67% 2.8¢ cyprium metals limited

Copper Price news, page-498

  1. 1,440 Posts.
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    Yeah, the calm before the storm right now. Copper won't be the 'forgotten' commodity for too much longer.

    Our production commencement being pushed back I think will work well in our favour. 12 months for all this downturn/recession/war (hopefully) garbage to get out of the way and boom there we are in the market !!

    Talk of widespread or deep recession is hyperbole imo. Still a lot of pent up demand out there. Moneys gotta go somewhere now cryptos dead lol !! Cycle is going back to value stocks.

    Suspect you are right on demand spikes. World production has plateaued a little since 2016 and pandemic. Growth 2010-2016 was 25% then essentially flat. In that time, consumption for green technology has sky-rocketed, so supply/demand situation will go bonkers eventually.

    Just hope we can get a couple of mines in operation pronto. Next year will be huge for this company.

    Cheers


 
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