gross exaggeration13 Apr 2006 15:37
SCR - teamonster - you state, ".... the country consuming most of the world's copper and stainless steel (Molybdenum) at present" ..... this is hogwash! ..... As it stands, world demand for copper is pretty static, with China increasing its demand and other areas decreasing, partly through usage of copper alternatives .... as for stainless steel ..... well i've never read such nonsense.
Where sp for SCR will be in a year's time is anyone's guess, and not necessarily higher than today, for there are far far too many imponderables, not least that this is a JV in China where the rules can mysteriously change overnight.
SCR may well be a good GAMBLE but at the moment it is no more than that