Recording date: 18th December 2023
The Battery Show (Copper Bottomed, Episode 9)
Merlin is still catching up from travel and jury duty, but he is not alone - Bloomberg appears to be six weeks behind Copper Bottomed in calling out a tight copper market for 2024. Meanwhile, Friedland promotes with energy and soon after, Ivanhoe Mines taps the market for C$500M. Dr J.M.Wise reminds us that copper mines take (on average) 16 years from ‘discovery’ to production - which means that resources defined in 2024 will likely only start production in 2040. Mind the Gap, Go Explorers! Talking of which, there are results out from: Pampa Metals, Kodiak Copper, Pacific Ridge Exploration, Benton Resources, Vizsla Copper, MacDonald Mines, Sterling Metals, and Mirasol Resources. Benton Resources - once again - is the pick of the bunch. Copper Equivalents continue to rear their ugly heads in news releases, undermining the integrity of the reporting company.
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