RE:RE:Copper assessment DM, Spitfire, yes, a good read, lots of wiggle room in the assessment, reminded me of a weather report, but one where there were big black clouds on the horizon, and the radar showed lots of green, so the forecaster stuck his neck out and said there was a good chance of rain.
Pure supply and demand issue. Supply is limited, well stated. Timeline to bring more on stream is long, NF, CM etc been singing that tune for awhile, and I like the tune.
When the supply finally gets so the warehouses are close to empty, and hording starts (methinks it already has), then we will see where the price of CU goes.
and NF, our Jersey steer was probably the best beef we have ever had, beautiful meat, but was not enough of it. Am out of the cattle business now, sold em all, moving back to the other side of the planet, lingering here for a bit to enjoy the culture in the ME. Interesting going from two river valleys with a waterfall as a front yard, to a city of 20m, where villages are 300k, where you walk most places, and buying or renting a car would be certified insanity.