NZC 3.57% 27.0¢ nzuri copper limited

I'd like to think NZC is much more of a copper company with...

  1. 353 Posts.
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    I'd like to think NZC is much more of a copper company with cobalt credits, although $ value contained should be roughly the same right now.

    Copper has a much more secure future. Longer term copper has kept pace with inflation, growing at a 4% compounded growth rate over the past 100 years. Cobalt may still have some risk of being disrupted by technology but copper has such widespread use that it should remain a mainstay base metal. Moreover, the outlook for copper is probably the best among all the metals given the sharp fall in industry grades over the years and significant under investment in new mines. Our top quartile cost resource positions us well in this regard.

    Here's what our neighbour Robert Friedland said this week about copper
    "We're going to need a telescope to see the copper price in 2021 !!
 
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