Why can’t management sail with great tailwinds ??? we have the perfect scenario for success sitting up for copper and gold is still holding yet our share price is stuck at .40 cad less than preconsolidation .
Something very unusual is happening and management seems to be still fiddling away "watching ESM burn " !! WITHOLD is my vote !!
Global refined copper demand to rise 31% by 2030 - report ( Kitco)
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DISER ( Australian govt branch )said that the world copper consumption is projected to grow steadily at an average 2.5% a year over the outlook period, to reach 28 million tonnes in 2026 and 31.1 million tonnes in 2030. Overall, between 2020 and 2030, global demand for refined copper is expected to rise by 31%.
According to the report, growing incomes, increased access to electricity and rapidly advancing technology have driven large increases in world copper demand over the last 100 years. In fact, world copper consumption has, on average, doubled about every 25 to 30 years. And this pattern is set to accelerate with copper-intensive goods and infrastructure set to play an increasing role in the global economy.