GREY:NEVDQ - Post by User
Comment by
bogfiton Jan 01, 2022 9:49pm
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Post# 34276763
RE:Future
RE:Future"Just curious as to what people think the future holds if things keep improving and rates reach 5000 tpd sometime in the first half 2022."
Summer. Warm sunshine and light breezes. As far as everything else, if the Universe should remain still, including the price of copper, then we hopefully will have at least one quarter of steady production. On that basis alone I would estimate a PPS of $1.
However, since we do not live in a vacuum, when, not if but when, speculation returns to copper, if and when our economy recovers and addresses the necessary conversion to renewable then you can double or triple that price.
We will be bought out? If the major is smart, they will. One of these days soon, folks are goin’ to figure that being able to mine and ship concentrate to the coast is just as important as grade, in fact, maybe better.
This is a fine place to ask for opinion, you’re sure to get plenty, but never forget everyone has their own agenda.
b.