CVV was mentioned as one of four copper stocks today in an...

CVV was mentioned as one of four copper stocks today in an article (The others were STM, LEX and NEC) - extract below. he added CVV to his list from 3 weeks ago.

”Barry Fitzgerald: BHP confirms copper stocks are oversold. Sounds like buying time ...

BHP is a super bull on copper’s outlook.

BHP said a “durable inducement pricing regime’’ is expected to emerge from the mid–to–late 2020s for copper, with a “take–off” in demand from renewable power generation, the electrification of light duty transport, and the infrastructure that supports them both, expected to be a key feature of industry dynamics.

“Looking even further out, long–term demand from traditional end–uses is expected to be solid, while broad exposure to the electrification mega–trend offers attractive upside. Grade decline, resource depletion, water constraints, the increased depth and complexity of known development options and a scarcity of high–quality future development opportunities are likely to result in the higher prices needed to attract sufficient investment to balance the market,’’ BHP said.”