Unstoppable trend19 Jun 2021 11:41
The west are now playing "catchup" with the Chinese with regards to minerals,e.g. The recent total supply (take off) agreement by the Kamoa mine to supply 100% of their ore to China has been many years in the making. New Tier 1's are like " hen's teeth" And in order for major miners to play games trading ore, they first need the assets. . Arc set sail with Cu at $5k and the journey is far from over,Cu was never going to go up in a straight line,and it's easy to see it has further to go when China start threatening (trying) to staunch the rise by releasing stockpile (total B.S. IMO).Many would like to take us out early but we are well placed to participate in the development and further exploration of our license areas while pressure on supply and prices continue to rise.I also think a deal will happen with AAL but haven't ruled out other participation as well.The noise in the next month will be deafening-I look forward to hearing it,as it means only one thing !