'Copper: pricing to scarcity' report by Goldman Sachs

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    For those who are interested, a copy of the Goldman Sachs Commodities Research 'Copper: pricing to scarcity' report (dated 8 October 2021) is available via this link:

    https://www.orocoresourcecorp.com/_resources/blog/Goldman-Sachs-Copper-Pricing-to-scarcity.pdf

    Goldman Sachs - Copper Pricing to scarcity (8 October 2021).pdf

    Goldman Sachs end of calendar year copper price target: US$10,500/tonne (or US$4.76/lb).


    Based on US$4.76/lb copper and US$1,800/oz gold, the Kalkaroo copper-gold project pre-tax NPV7.5% value matrix would be $2.1 billion (yellow highlight).

    Kalkaroo NPV value matrix.jpg

    Cheers

    These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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