Member Info for gotreal

I think plastic is the standard now isn't it, anyway? The main demand for copper is in power transmission....

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?

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...

"That's the silliest answer I have heard...... "

Gold is a mystery metal driven entirely by sentiment - not supply and demand.

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

If copper goes to $15,000 it won't take long ....

CAML have a current PE ratio of 13; SLP is 16. JLP today is 14. A bottom line profit of £250 million would push the SP to £1.20 @ 14. And you say that is never going to happen....??

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 .....

50,000 tonnes at $8,000/t ..... $400 million.

A profit of £300 - £400 million would justify it... You think that is impossible in the next few years with copper heading to $12 - 15,000 / tonne?

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...

There is the word Target at the top right with a price.... that's all you need .....

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

Frog.... did you read the WHI update or not??

No, you F off, you are the johnny come lately spreading disinformation... as usual!

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.....

How lazy is that....