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Only silver is a better conductor that copper (touch pricey) and the next best thing after copper is aluminium which has 'dis-similar metal' issues which can lead to corrosion and its higher resistance leads to increased transmission losses. I don't know of any suitable alloys but there may be some I've not heard about.
You might be able to use pvc at present Gray but there are likely to be restrictions on some plastics in the future ceratainly in water supply as most peapole don't wish to end up half human, half synthetic. If Edzi is listening could he please note that I do not recognise any religious m-j, Judaism included ( unless of course it involves someone giving me an expensive present at certain times of the year). I am also NOT an optimist. I just do the figures and weigh the possibilities.
My plumber says he rarely does plastic installations nearly all copper at the moment. Last new building estate I looked at around about 3 months ago were all putting copper in but I won't argue I wouldn't be surprised if that isn't changing.
Copper is used in wind turbines but they are already looking at replacing it with Aluminium.
I think plastic is the standard now isn't it, anyway? The main demand for copper is in power transmission....
Aluminium can replace copper it has 60% of the conductivity of Copper but you just use a thicker wire and Aluminium is a lot lighter more abundant and cheaper than Copper.
Overhead cables are made from Aluminium already because they are lighter than Copper.
Their are advantages and disadvantages but it is surprising what manufactures when they want to control costs. Copper is also reusable.
Not saying Copper won't go up but be careful when you have people claiming 50k per ton.
For example I have just put central heating in a house I am renovating. I have used copper piping. I prefer copper and can afford it but if copper was 5x its current price I could use PVC or PEX piping currently cheaper than copper is now.
What are they? And any that are potentially viable will have to be tested and approved in the various applications where they are substituted... that would take years, wouldn't it?
No just common sense goes a long way. There are many alternatives to help reduce demand.
I had no idea you were such an expert in the field, Gray! Does the thought of a tearaway copper price disturb you in some way? The point of the demand for copper is that there is no viable alternative...
Good morning everybody another day closer for Roan.
Gotreal I saw the article you referred to with the guy claiming copper could go to $50k/ton. The men in white coats have reserved a room for him.
He is right the indications are there that demand will outstrip supply it just depends by how much
There will be a tipping point for the price of copper at which point the cost of products with copper in become too expensive and consumer demand will fall off. I don't know what that price will be and neither does anyone else.
Manufacturers will then look to source cheaper alternatives to control their costs and there are cheaper alternatives out there.
I wouldn't get too carried away with an exponential rise in the copper price and that price being sustained for a lengthy period of time.
Folks, I'll look in here and occasionally post my opinion, positive or negative. I will no longer respond to Gitreal. I will post my views on the other place also.
Should anyone wish to contact me directly you are most welcome to my email address.
All the best
Frog
Platinum is exactly where it was 6 months ago and is 20% lower than it was a year ago. I would say that gold strngth may have helped halt or slow down the fall in platinum. Can't see that being a big selling point for JLP shares. Wheras Roan completion and copper higher are where JLP can attract new buyers. Let Leon focus on getting stuff done and the rest will take care of itself. Steady as she goes, this year the share price has completed it's fall, undertook a bottoming action and started an upward trajectory. All in 4 months. Not a bad turn around after 3 years of constant decline. The rocket has been manouvered onto the launch pad and the thrusters are being readied. Always takes longer than you think to get everything in position. Im rowing to Africa with the electronic components. Just crossing the equator. 3 weeks to row and 3 weeks to grease the palms of customs. June 3rd for first copper yhrough new front end. Honest.
Charles, what comms are you looking at? There are at least a dozen projects ongoing. I suggest you do a little more research prior to further enlightenment of the board.
The gold price is pulling up Platinum , which is moving back to being more valuable than Palladium, its historic position. The Rhodium price remains stable, see Kitco.com ; 1 st May 2024. Thus I believe PGMs for JLP are about to provide greater earnings , which combined with Chrome concentrate earnings is great news.
But usual problem with JLP is its sh*t PR messaging to the market , and at present all JLP appears to think about is the start up of Roan.
Great work, more than 100 posts for the day! That's almost 4 posts for every trade 😁
Edzi, i guess i am part of your Milieu!
Edzi, im fine and i hope you are too. My point is my percentage of the company is now set. So if they reduce the number of shares to get the EPS up, it makes no difference to me.
Milieu
How are you?
I don’t know how we got onto talking about share consolidation but the process of eps or calculating EPS has nothing to do with share consolidation so what you saying is correct but what’s it got to do with calculating EPS with a company not paying dividends
Edzi, EPS will be individually different, but combined they will be the same. In example at 14p you would have double the amount of EPS, but half as many. At 7p you would have half the earnings per share, but twice as many. Combined both would be the same and the percentage would be the same. So if Jubilee half the number of shares by way of consolidation any dividend i receive would be the same combined total.
Gotreal
I’ve got a great idea. I’m going to not reply to your posts anymore because I’m not practicing what I preach. Your not worth dealing with I wish you well in the future
"That's the silliest answer I have heard...... "
Gold is a mystery metal driven entirely by sentiment - not supply and demand.
Gotreal
Fine if you want to believe it. I can show you videos of established American financiers stating 2/3 years ago that gold would go to $10000 dollars an ounce because of what they consider plausible reasons. . We are till waiting. By the way I think you feel that I would not want it to happen.
From a comment on that Crux Investor presentation (Merlin states coper needs to be at $15 - 20,000 / ton at 1:30s) ...
@antoniotreminio
"I am a venture capitalist specializing in exploring and producing high-grade copper ore or concentrate. The demand for copper has increased significantly over the past two years, and we are witnessing it firsthand. While there is no shortage of buyers, there is already a significant shortage of suppliers.
I believe the price of copper will rise to $15K and eventually to $20K. There are many factors to support this forecast, but I do not have enough time or space to mention them all. However, I can say that most copper producers are decreasing production due to lower grades. Additionally, no junior mining companies are coming into production in the next three to five years capable of producing over 100K MT of Cu concentrate. Nevertheless, the world wants more and more copper.
My sense is that in the longer term, between 5 to 7 years, once the world faces a copper deficit of several million MT annually, copper prices will rise above $50K per MT."
Apologise Mike my IPad must be a woman because it’s being very temperamental with its spelling