GREY:NEVDQ - Post by User
Comment by
Notgnuon Mar 08, 2022 2:42pm
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Post# 34496530
RE:Putin has pushed the case for copper
RE:Putin has pushed the case for copperMy guess is NCU is currently at 750,000 pounds copper per week = ~ $3,500,000 in revenue per week (= ~$2,000,000 cash-flow per week.)
N
Notgnu wrote: Between EV's as a hedge against high oil prices and a likely (longer tern) switch to modern small, distributed nuclear reactors (salt bed, pebble bed etc) to repower / power industrial manufacturing in the West (and away from China) and to power home heating, the case for copper is long term strong, strong, strong.
Cheers,
Notgnu
PS, any guesses toward how many pounds of copper NCU is now selling per week at these prices?