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Https://tradingeconomics.com/commodity/copper

I've been looking at the copper charts on the above website. Noted, Copper price is a bit lower on LME.

https://www.lme.com/en/

My first ride was quite dissapointing Couerdelion, but after many more goes, I learnt to read the signs and subsequently the rides became far more enjoyable. Experience is a great teacher.

Copper prices have broken out into all time highs.... IRH deal news imminent, copper production targeted for 25,000 tonnes per annum, 1 tonne of copper = $11.5k

Hardly rocket science which way this is going.

Tariff baby Tariff Trump is in power for 4 years. I think this coud be a bull period for PGM metals prices as well as for copper .

This won't be the last time I'll say this, but this price is a once(or may you get a few more chances yet) in a lifetime chance to get in dirt cheap for potentially multibagger(x5 or even x10) opportunity. These don't by that often.

Wow, the spike in the Rhodium price is exciting indeed because the price was flatline for the last 2 years other than a brief spike in Oct 2023. Could this be the start of the Rhodium price recovery? Just imagine a double whammy of both high Rhodium prices and surge in copper production. Only a fool would be selling now.

We normally move 30 percent upwards just on good general news. If the IRH deal is inked, then a 100 percent move is potentially possible as it a big catalyst. Currently the waste rock is priced in at nil, the inking will confirm the commercial and technical viability of the project as discussed by the other post(old boy is somthing? forgot now . I personally wouldn want to be out of this share when the news comes in, especially as I've been in this share for a good few months now. The downside is limited by the current market cap being less then 50 percent below net asset value as well, so sitting within whisker of the previous support levels, now is the perfect opportunity to maximise risk/reward potential.

Chatmandu, charts are indispensable for timing, and fundamentals such as earnings, sales and margins are what power long term price moves. Earnings from copper production will come in time. We have all the resources for the processing, just need to scale up the copper production units to accelerate production and earnings.

The ii's overhang is a pain in the butt for sure, and I did guess it was finished on the the last rally, but in reality in can take months to clear it completely. Good news attracting new buyers will help accelerate the overhanging clearing so the energy problems now fixed didnt help, neither the recent news on the dilution to fund higer grade resources, even though it was a good deal, at least to me. Not the best time to do this when sentiment is low.

For me, as long as copper is safe long term bet based on it wide ranging uses and therefore demand, then it really is only a matter of time before we hit 25k+ copper production. With rising earnings over time we could attract new II's, and it may be as soon as the IRL deal, as once thats signed a flood of new buuying could come in.

One thing is for sure, prices such as these won't last forever.

Unlike PGM which depends largely on demand for cars that use catalytic converters, copper is"essential building block to modern life as the world seeks to improve living standards for billions of people, transitions towards a net zero greenhouse gas (GHG) emissions economy, and further digitalises its industries and societies. "

https://www.bhp.com/news/bhp-insights/2024/09/how-copper-will-shape-our-future

"in this article, we discuss:

Why we believe global copper demand will grow by around 70% to over 50 million tonnes (Mt) a year by 2050 and our view on how copper’s role in multiple applications will provide demand resilience.

The looming global copper supply challenge as existing copper mines age, with the pipeline of potential projects less healthy than in previous cycles. Both brownfield and greenfield projects are expected to face cost and stakeholder challenges.

Why ‘long-run marginal cost’-based inducement is still our preferred approach to forecasting price in the long run"

JLP is a commodity share and depends on commodity prices and produciton. Obviously PGM prices are bombed.

Remember the Wealth formula: High copper production + high copper prices = High share price.

We have high copper prices , now just need to sort out the production, will take a bit of time, but when funds are leaving the UK stock market like the plague, this could be the last time to buy at these prices, the funds may come back in time.

I rarely read what I've written until well after I post :) bad habit

As long as copper prices stay high and continue to rise as it predicted for years, than "I'm in"

We're not at 25k tonnes of copper production yet Chartopper. As long as copper prices stay high and continue to rise as it predicted for years, than I'm out. If copper crashes or goes into a downtrend I would be out quicker of this share no matter this loss, quicker than a lady of the night takes off her panties.

The scaleablity of the copper units depends on income and as copper production increases year or year that income can allow for faster scaleup of copper units quite quickly. Nows is the the time to be buying imo. To repeat as long as copper is good for years I'm too worried about the share price.

So once again the the rally wasnt able to hold. Good news is we have had two 30 percent rallies in the last 4 months, and quite frequently in the past, so it isnt a stretch to say we will have another one again probably soon. We are approaching suppport from the previous low, and hopefully the price will form a double bottom here where buyers can see extreme value at these prices knowing a potential 30 percent bounce from here.

HIgh copper prices and increased production here is what will drive the future share price. There aren't many good AIM shares out there at depressed prices and if you are not interested in US stocks than a buy and hold here at current price seems like a good investment. Of course, with any AIM share, it can be a rollercoaster, but you have got to be in it to win it.

Due to Trump's tariffs announcement on Mexico and Canada, The US markets are down today and which is having a knock on effect on the UK markets. Lot of red on AIM today as well as on the US stocks.

This share has a tendency to move up 30 percent in a week so, sell if you want, and if you timed it right, then you could have bought back a lot cheaper, but that's for traders.If you are a skilled traders then why not swing trade this. The goal is to make money after all.

This will deliver in the end, I'm sure. Copper prices are high and set to stay high. And copper production will increase over time, and at a faster rate as the income rises.

Buy while its cheap, and hold. No one has a crystal ball, and if you can find better shares on AIm at the moment then buy that instead. I cant find much out there as good as JLP atm. However, I do think the UK market since Brexit, and other macro factors , is no longer the place to invest in, and after this share, the US market where 50 baggers are possible, is where I will be trading/investing in the future.

I presume that Copper processing modules in Zambia would be about the same as the Chrome modules in SA. And even cheaper as its Zambia. A house in zambia cost £5000-£20000, so I think you get the idea.

Https://jubileemetalsgroup.com/chrome/

"Over the past 5 years, there has been enormous growth and today Jubilee has 8 individual chrome modules operating in South Africa with a capacity exceeding 1,450,000 tonnes per annum of chrome concentrate. In future, the Company is looking to expand that to 10 modules which would make Jubilee one of the world’s largest chrome concentrate producers."

We already have 8 chrome modules operating in Various parts of South Africa. If you watch the videos of the sites, they look like simple affairs to me, yes they will need what you listed, but 3 million in the middle of nowwhere in SA can go a lot further than downtown New York.

"Zambia Modular Expansion

Innovative Modular Technology – 2,000 tonnes per annum of copper per 20,000 tonnes per month copper processing module (assuming feed of 1.5% copper grade), as depicted in the diagram for Project M Copper unit cost per tonne US$5,281 in FY23 Estimated capital for 50,000 tonnes per month copper processing module = US$6.5 million. The estimated capital for a 20,000 tonnes per month copper processing module would be approximately US$3 million Modules targeted as part of Roan upgrade with additional modules considered under current long-term RoM agreements"

Each copper processing module costs about $3 million per module, and can produce 2000 tonnes of copper per annum. All the copper resources are readily available for processing so no expensive exploration mining required. Copper price rising and set to rise further for years to come. Electricrity problems sorted out. Barring the asteriod strike in 2032, if net profits are spent buying more modules, then wont be long before we start getting to 25k tonnes per annum.

Welcome aboard NicetoMichu. Its your money, but now is the time to be taking a bigger position imo given the data at hand. The higher the price the less the profit in the future. Top up with smaller positions as the price rises. The data is clear, no more energy supply problems, copper price is rising and projected to rise for years to come, and the copper production is increasing gradually at first, but as the coffers fills, production should snowball and it will be days on the beach when that happens. And when that day comes, I will be going to the US markets.... Apploving has 50 bagged in 2 years, Palantir 20 bagged, the real money has always been in the US markets....

... rocketing....

Https://www.mining.com/web/china-ramping-up-grid-spending-after-green-power-supply-boom/

"Chinese power markets and companies aren’t the only ones with a lot riding on the buildup. Faster grid expansion is going to accelerate demand for copper, said Wei Lai, deputy trading head at Zijin Mining Investment Shanghai Co."