Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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."
Edzi.... watch and learn..... https://youtu.be/ZCDIt_0Sog4?feature=shared
I asked YOU a question. Based upon the predicted price for copper and the stated growth path of JLP do you dispute that 120p is attainable if those forecasts are correct? I will refrain from responding to your continuing insults, pathetic though they are.
Edzi.... pots, kettles..... Do you disagree then that with a modest output of as little as 50,000 tonnes, and we will be producing that in 18 months or so, a copper price heading much higher, that hundreds of millions profit becomes inevitable....? Then there is Chrome.... PGMs, which will probably recover ground and who knows .....
That is as it may be.... but it doesn't get away from the more than a decade of hollow words, broken promises and endless fund raises.... which have so far only achieved keeping Jason in the style to which he has become fully accustomed... and at present the form book tells the same story...
I provided this chart sometime back, Gray, which Kalan said was ridiculous, it would never happen..... I believe it will at some point in the next few years ...... https://www.dropbox.com/scl/fi/or4bihrhbzft4ozbdzm31/JLP-Monthly-020124.jpg?rlkey=v731t0dhorgvj5bfmg05tu8kl&dl=0
IRH HAVE signed up, Kalan... stop spreading FUD. From the WHI update which is ratified and paid for by the company: "Once commissioned Roan should be in a position to supply 13kt/yr of copper in concentrates. That said, in the quarter Jubilee INKED THE CONTRACT with IRH (Abu Dhabi based) to develop the ‘waste rock’ project. "
You are just a tedious.....