Ian Harris & Grizzle Interview Summary The Copper Discovery Checklist With Libero Copper - Summary of Libero Copper's (LBC.v, LBMF) on Grizzle: https://www.youtube.com/watch?v=ONDqprtsa3c
Supply & Demand Dynamics
- Despite oil prices pulling back, copper remains above $4 per pound, signaling a tight supply-demand dynamic in the market.
- The demand, driven by various factors, appears strong, especially compared to other commodities.
- While demand remains strong, supply struggles to keep pace due to factors like the energy transition and growing needs from sectors like AI
Declining Discoveries:
- Copper discoveries have been dwindling, with few major deposits left.
- Many existing projects are becoming too deep, expensive, and low-grade, highlighting the need for fresh supply.
- Small copper deposits won’t meet future demand; the industry needs bigger projects to satisfy global copper needs over the next 20 years.
Global Copper Deposits and Exploration
- 12 of the world’s 20 largest copper projects are located between Chile and Panama.
- South America is known for its subduction zones and holds vast potential for new discoveries, particularly in places like Ecuador.
- Copper majors are looking for projects that start with a manageable scale allowing companies to gradually grow operations while maintaining control over costs.
Libero's Future Outlook and Strategic Vision
- Libero Copper’s Strategy: Libero is developing its project to fit this scalable model, with 600 million tons of resources and the potential to grow much larger.
- Joining the Fury Group: Inclusion in Frank Giustra's Fiore Group brings access to capital and experience in developing large-scale copper projects, both of which are critical for moving large projects forward.
- Growth and Expansion Plans: Plans to leverage current assets and valuation to acquire additional projects, with a focus on building a company, not just individual projects
Uniquely positioned amid copper's rising opportunity, LBC is advancing its Mocoa Project in Colombia, a large copper-molybdenum deposit with 630 million tons of resource at a grade of 0.33% copper.
As the company prepares for a 14,000-meter drill program, it is poised to capitalize on the growing global demand for copper, which is being driven by the energy transition and industrial growth. Backed by mining billionaire Frank Giustra, Libero Copper benefits from strong financial support, enhancing its potential to unlock substantial value from this strategically significant project.
Posted on Behalf of Libero Copper and Gold Corp.
The Copper Discovery Checklist With Libero Copper - Summary of Libero Copper's (LBC.v, LBMF) on Grizzle: https://www.youtube.com/watch?v=ONDqprtsa3c
Supply & Demand Dynamics
- Despite oil prices pulling back, copper remains above $4 per pound, signaling a tight supply-demand dynamic in the market.
- The demand, driven by various factors, appears strong, especially compared to other commodities.
- While demand remains strong, supply struggles to keep pace due to factors like the energy transition and growing needs from sectors like A,
Declining Discoveries:
- Copper discoveries have been dwindling, with few major deposits left.
- Many existing projects are becoming too deep, expensive, and low-grade, highlighting the need for fresh supply.
- Small copper deposits won’t meet future demand; the industry needs bigger projects to satisfy global copper needs over the next 20 years.
Global Copper Deposits and Exploration
- 12 of the world’s 20 largest copper projects are located between Chile and Panama.
- South America is known for its subduction zones and holds vast potential for new discoveries, particularly in places like Ecuador.
- Copper majors are looking for projects that start with a manageable scale allowing companies to gradually grow operations while maintaining control over costs.
Libero's Future Outlook and Strategic Vision
- Libero Copper’s Strategy: Libero is developing its project to fit this scalable model, with 600 million tons of resources and the potential to grow much larger.
- Joining the Fury Group: Inclusion in Frank Giustra's Fiore Group brings access to capital and experience in developing large-scale copper projects, both of which are critical for moving large projects forward.
- Growth and Expansion Plans: Plans to leverage current assets and valuation to acquire additional projects, with a focus on building a company, not just individual projects
Uniquely positioned amid copper's rising opportunity, LBC is advancing its Mocoa Project in Colombia, a large copper-molybdenum deposit with 630 million tons of resource at a grade of 0.33% copper.
As the company prepares for a 14,000-meter drill program, it is poised to capitalize on the growing global demand for copper, which is being driven by the energy transition and industrial growth. Backed by mining billionaire Frank Giustra, Libero Copper benefits from strong financial support, enhancing its potential to unlock substantial value from this strategically significant project.
Posted on Behalf of Libero Copper and Gold Corp.The Copper Discovery Checklist With Libero Copper - Summary of Libero Copper's (LBC.v, LBMF) on Grizzle: https://www.youtube.com/watch?v=ONDqprtsa3c
Supply & Demand Dynamics
- Despite oil prices pulling back, copper remains above $4 per pound, signaling a tight supply-demand dynamic in the market.
- The demand, driven by various factors, appears strong, especially compared to other commodities.
- While demand remains strong, supply struggles to keep pace due to factors like the energy transition and growing needs from sectors like A,
Declining Discoveries:
- Copper discoveries have been dwindling, with few major deposits left.
- Many existing projects are becoming too deep, expensive, and low-grade, highlighting the need for fresh supply.
- Small copper deposits won’t meet future demand; the industry needs bigger projects to satisfy global copper needs over the next 20 years.
Global Copper Deposits and Exploration
- 12 of the world’s 20 largest copper projects are located between Chile and Panama.
- South America is known for its subduction zones and holds vast potential for new discoveries, particularly in places like Ecuador.
- Copper majors are looking for projects that start with a manageable scale allowing companies to gradually grow operations while maintaining control over costs.
Libero's Future Outlook and Strategic Vision
- Libero Copper’s Strategy: Libero is developing its project to fit this scalable model, with 600 million tons of resources and the potential to grow much larger.
- Joining the Fury Group: Inclusion in Frank Giustra's Fiore Group brings access to capital and experience in developing large-scale copper projects, both of which are critical for moving large projects forward.
- Growth and Expansion Plans: Plans to leverage current assets and valuation to acquire additional projects, with a focus on building a company, not just individual projects
Uniquely positioned amid copper's rising opportunity, LBC is advancing its Mocoa Project in Colombia, a large copper-molybdenum deposit with 630 million tons of resource at a grade of 0.33% copper.
As the company prepares for a 14,000-meter drill program, it is poised to capitalize on the growing global demand for copper, which is being driven by the energy transition and industrial growth. Backed by mining billionaire Frank Giustra, Libero Copper benefits from strong financial support, enhancing its potential to unlock substantial value from this strategically significant project.
Posted on Behalf of Libero Copper and Gold Corp.