So actually we see 2.55-2.65 cp. And that is what I have taken in my model (avg. 2.55/yr) for an average for this year 2017 to be cautious!
And you are saying that the copper would be 3.50 in average for the next 7 years?? If yes and you r right the past of copper was always wrong... (to help you out of your dream in the past 10 yrs the cp was just ~2.50 average with all highs and lows!)!
So the next 1-2 years a 3-3.50 or more could be possible but after that we see a burning cp again as it always is ... more competitors on good prices, overhanging output vs demand, etc..
TGS Price at posting:
3.8¢ Sentiment: None Disclosure: Held