DVP 0.47% $2.16 develop global limited

Copper again breaching the previous 52 week highs, we have now...

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    Copper again breaching the previous 52 week highs, we have now seen the 52 week high get broken over and over again in the past 6 months (refer chart above).

    We will continue to see 52 week highs as the world all uses the same strategy to recover from the COVID related economy doom and gloom. Yes, that is infrastructure builds, if anyone saw the Victorian budget today, same, same, lots of builds. This strategy is being used to create jobs and keep money flowing through their economies. This was the same strategy which was used after the GFC, print money, governments embark on infrastructure builds.

    The GFC saw prolonged Copper highs (hitting all time highs) during the 3 years after the GFC, I am sure this is history repeating itself. Copper is the place to be, and VXR has a lot of it, with a license to pull it out of the ground, not many others can say that, especially in a super safe mining jurisdiction like WA. WA is COVID free, borders are closed, not like in South America and Chile in particular who is a huge Copper provider (previously) however their mines are being continually closed due to the COVID outbreaks.

    If you haven't this is the time to get onboard VXR. If you have, hold on and watch VXR continually build on its market cap in line with the increase in Copper prices.

    Zinc you say? Yes the bonus is all the Zinc that VXR has as well as the Copper which is also on the climb, again, infrastructure builds. These builds will take years, so plenty of time to make a great return on VXR.

    https://hotcopper.com.au/data/attachments/2679/2679237-42436b43c4582ea106366fc9f18ae25c.jpg
    https://hotcopper.com.au/data/attachments/2679/2679238-e0082f3599e4fd509088740d2794ec9a.jpghttps://hotcopper.com.au/data/attachments/2679/2679241-cb4dcad1610aa5cc8cc0cc6595c1eb82.jpg

 
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