VRIC Conference 2022 copper forecast
Paul Harris “Analysts have predicted by 2030 there’ll be6-10mil tonnes copper deficit in a market around 20-22 mil tonnes” … “within acouple of years it could potentially take off” … “there hasn’t been a supplyresponse”
Rick Rule “Will there by a synchronised depression recessionwithin the next five years, if the answer is no then there’s going to bewidespread and acute copper shortages“ … “we have underinvested systematically inthe copper business over the past two decades” … “Absent decreased demand we’regoing to have a decreased supply and there ain’t no way around that … and there’sgoing to be a price response”
Ivan Bebek “Long term really strong demand that’scoming, short term there’s a lot of copper supply but come 2025 onward that’swhen we really hit the crunch” … “from discovery to production 10-20 years”
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Last
4.7¢ |
Change
0.004(9.30%) |
Mkt cap ! $71.72M |
Open | High | Low | Value | Volume |
4.5¢ | 4.7¢ | 4.5¢ | $38.03K | 818.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 461852 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.7¢ | 440607 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 461852 | 0.046 |
4 | 381234 | 0.045 |
2 | 110000 | 0.044 |
8 | 998417 | 0.043 |
6 | 555357 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 440000 | 2 |
0.048 | 110188 | 2 |
0.049 | 569100 | 3 |
0.050 | 1114332 | 4 |
0.051 | 150000 | 1 |
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