The fact is india is growing at about 8% pa and has a larger population than china. Its going to be the.new china. Unless china sorts out its smoke and mirrors games it could get left behind
Still bouncing but at least its higher. I have read any decline in chinas copper usage will be taken up by indias growth. The shortages are coming soon together with an increased copper price. Hopefully
So let me get this right. Lme has 65k of copper in stock. Cancelled warrents are 26k leaving 39k available. Which is hours not days or weeks of copper stock. So whats happening? Something is either hidden from sight or theres going to be a copper price increase
Im just an unhappy shareholder because the profits near term should have happened maybe 2 years ago. And then theres the delays with eliz and solar by a year.
What should have happened is the exploitation of rio tinto first and then worry about the others. We could be a lot further ahead profit wise than we are right not. I think harry did mention that before.