SPQ 0.00% 0.8¢ superior resources limited

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  1. 5,460 Posts.
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    Blue, today is irrelivant on supply because the crunch is not hear.

    The EV market for example is producing low volumes of cars, in 5 years, 100m units will be produced.

    Also I saw a documentary on the first electric airplane, expect a shift there from 2025.

    Ekectric planes have not been factored I yo demand of copper ftom what I can see.

    The bull run, it has not started and when it does, it will last beyond a decade as its a way of life change, not a fad.

    They have estimated a copper defecits 20 to 25m tonnes down down the line. Maybe greater.

    If so copper may very well be 25,000 a tonne minimum, mines will produce at 0.15% at profit.

    For me it's set up time now, put the shares in a draw and open it in 10 years. I think David maybe running the same set up as me.

    Is not about now, next month, this year or next year, but 5 years away.

    Any copper explorer that is small with resources will be in a commanding position.

    Spq already has copper at cockie creek, a maiden resources should be had at whynadotte.

    Both those projects are open in two directions and in depth, both also are surface down.

    Over at bottltree, the wall rock, based on size would be 200m tonnes of ore, if most was minable as a starter.

    Remember Cadia is a wallrock copper mine.
 
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