Australia's largest stock trading and investment forum Australia's #1 stock forum

EM2

Click for more information

1.45%

7.0¢ eagle mountain mining limited

i totally agree with you hence why ive bought a truck load of...

First 128 Last

Share
Profile

Follow
fetsvonalim

78 Posts.

9

21/08/23

17:32

Post #: 69460960
Share

Originally posted by Danimaux: ↑

The copper and nickel may be in balance today, however the EV market and required infrastructure is still forecast for explosive growth. Wind turbines, upgrading power networks, and other copper consumption industries are still forecast for growth.

The reality is that there are not enough copper mines under development to satisfy that growth over the next 5-10 years. Even if a modest 20% growth of these industries happened there won't be enough fresh copper, or recycled copper, to satisfy.

Forget net-zero targets, they're the nadir of government empty promises to lure in votes and investment. Sure we all would like to see it, and I would like to see a train to Melbourne airport. Ain't gonna happen. Nearly does, but then it doesn't. So the idea of a new Escondida every year may not be realistic. Our little copper deposit could still very much be required as the price of copper rises.

Every other week the copper warehouse is nearly empty. This week it is full. What will it be next week?

Expand

i totally agree with you hence why ive bought a truck load of copper coolade. the question is when? what will trigger govt spending? why are things in stasis?

Last edited by fetsvonalim: 21/08/23

EM2 Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 7 more messages in this thread...

First 128 Last

Add EM2 (ASX) to my watchlist

(20min delay)
Last 7.0¢		Change 0.001(1.45%)		Mkt cap ! $27.50M

Open	High	Low	Value	Volume
7.0¢	7.0¢	7.0¢	$6.575K	93.92K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	6.7¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	101490	2

View Market Depth

No.	Vol.	Price($)
1	200000	0.067
2	183052	0.066
3	211000	0.065
2	443161	0.064
1	200000	0.063

Price($)	Vol.	No.
0.074	101490	2
0.077	135965	4
0.078	150000	1
0.080	51876	2
0.082	151948	2

Last trade - 14.43pm 10/05/2024 (20 minute delay)


Last 6.9¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
7.1¢	7.1¢		6.9¢	51196
Last updated 15.43pm 10/05/2024 ?

EM2 (ASX) Chart