It is the time of raw materialsIn addition to Goldmann, many other market participants expect copper prices of USD 15,000 per ton in 2025 and, in some cases, up to USD 20,000 in the following years.
Robert Friedman could possibly imagine a very daring scenario up to USD 80,000 per ton, which is currently beyond my imagination.
https://www.miningscout.de/blog/2023/06/29/robert-friedland-kupfer-kann-um-das-zweifachen-stieg/
He is no stranger to the scene.
Let's stay at USD 15,000 per ton.
That should be a catalyst for all copper stocks.
And correspondingly disproportionately for Explorer.
Let's add up:
1. Optimized PEA in the next few days
2. Norte, Sur and Verde drilling program with surprise potential from Q3/2024
3. Significant expansion of the existing world-class resource possible by up to 50%
4. Rising copper prices of $15,000 per ton
5. Rising gold and silver prices
This should not leave the share price unimpressed.
And when the guys with deep pockets turn to the commodities market, things can happen very quickly.