RE: Chance6 Dec 2023 08:30
Broadly, I agree the only issue here is one of timescales and risk. It takes years and $ tens of millions to get a small mine into production. As the drilling and assay results come in over the next year or two the larger miners will decide whether to invest or not?
There are a few things that can shake the Lassonde curve theory, global events, recessions etc. Example, Poseiden Nickel was helped to boom by the Vietnam War and EEE will benefit from the sanctions against Russia etc etc. There is also a recession looming in China and the west, EV sales are poor at the moment so predicting the future copper market not easy.