Copper Price, page-13

I wonder what the main consumer/customer of raw copper will do when the stocks are depleted?

Imagine going to Bunnings and asking for something and being told it will take ten years to get that into stock. Most customers would look for alternatives, with copper there is no economical alternative. (gold is $28,000 per pound makes copper at $5 per pound look cheap),

oh well the main customer who consumes more than 50% of the raw copper should not have got so greedy and manipulated the price down below the incentive price for new supply to come on line. Also maybe all the end users should have thought ahead before selling the main pricing mechanism (LME) to the customer. Imagine the customers being able to go into bunnings and set whatever price they can get away with.

I'd love to be the one making the product in 7 mths compared to the 10 years it takes to get a mineral discovery into production.