RE: VXR-DVP23 Jan 2022 09:42
morning bignose.agree it will be interesting to see if we get an update. i don't know anything about mining and commodities,but i gather EVs (particularly the pure battery ones) contain significantly more copper than pure petrol/diesel cars ,up to 3x as much in some cases. now sales of Evs are, i gather,actually only a very small percentage of total vehicle sales.despite all the hype and propaganda.however biden for example has a very high targetfigure for EV percentage by 2030.no idea of course whether it will be achieved (here in Uk i don't think here is anything like the necessary infrastructure to support any significant volume atm), but there is undoubtedly a significant force behind the growth targets.whether this is significant factor behind potential copper demand I've no idea ,as i don't know how much of copper production goes into vehicles as such.im fairly certain however that there is more demand for copper than for the ageing clocks! lol DVGs performance will of course depend on many factors peculiar to itself, but if, as one hopes, the demand for copper remains strong it should hopefully underpin the s/p .fingers crossed as always