1sun, Im pretty relaxed about this.
Gold alone covers much of the cap, so I do not see much downside in cap now.
On bottletree.
They believe mineral in hole 4 is from a porphyry, but mineral in hole 5 a different porphyry.
That makes exploration a little more interesting and challenging.
Maybe why markets are taking a watch approach a little.
Outside Spq,
A report I read yesterday stated, we need to increase nickel, cobalt, lithium by 40x and copper 2x by 2030.
Copper less, but the problem with it compared to other metals is mine production has peaked already, and there are no new big copper deposits to fill current supply versus many lithium, nickel deposits.
The article also stated, out of all metals, copper has had the least exploration. Also it stated we need to bring online 1 new large mine every year.
Consideting it takes 10 years to bring online a mine, and the deposits are not there today. That can not work.
California is banning new petrol cars by 2035, nz already mandated as Canberra has.
If governments ban new petrol cars, we have to find copper or we can not buy new cars for example.
But without deposits to produce it, what will occur?
This is why Spq maybe very valuable, on success, not now so much but when the crunch occurs.
We underestimated climate change, we underestimated covid etc. I bet we underestimate the volumes off EV cars also.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.00M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3271102 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 827515 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3271102 | 0.007 |
7 | 1679026 | 0.006 |
5 | 5509300 | 0.005 |
1 | 500000 | 0.004 |
1 | 200000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 827515 | 4 |
0.009 | 479443 | 2 |
0.011 | 450000 | 2 |
0.012 | 967000 | 3 |
0.013 | 200000 | 1 |
Last trade - 10.09am 15/08/2024 (20 minute delay) ? |
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