Een ander dagadvies.
Vanuit ons netwerk werden wij getipt op deze video.

De aandelen Horizon Copper krijgen eind deze maand begin juli 2023 een notering op de Toronto TSX.
beluister deze link en ga naar

https://www.youtube.com/watch?v=MUngJxztkFw

- Copper mining profits top $100 billion a year, but where are the new mines?

A recent presentation by S&P Global Market Intelligence mining and metals team featured a couple of graphs that crystalize the fundamental challenges facing copper mine supply.

Mitzi Sumangil, associate analyst at the US-based research firm, presented a graph showing the yawning gap between copper mining companies’ profits and capital spending.

Despite two consecutive years of bumper topline earnings north of $100 billion, expansion budgets haven’t budged, hovering in the early double digit billions. Barely more than 12% of ebitda, versus a long term average of more than double that.

Expansion capital is also focused on brownfield projects, with the number of new mines over the last four years adding up to 15 compared to 32 over the same period a decade ago when profits were below $60 and on a clear downward trend.

In 2015, when copper mining profits barely reached above $30 billion across the industry 12 mines went into production thanks to robust spending in the years preceding the bottom of the cycle.

Sumangil says miners have become more conservative when it comes to investing in new projects and the trend continues to hold true:

“Companies have been recently focusing on extending the life of mines, especially of those high-grade ones and already profitable projects because, let’s be honest, it takes a lot of time to develop something new and it takes a lot of administrative effort.”

On the last point, Sumangil showed another graph detailing the lead time from discovery to production for the average copper mine. Which is 16.2 years. Stumble upon a turquoise outcropping today and you’ll start seeing the money roll in in 2040.

Sumangil says even when accounting for concentrate capacity from uncommitted projects raw copper will still fall short of demand in scarcely two years:

“This is a very ominous broader view of copper supply, and we expect it to be only worsened by stunted major discoveries, tight copper exploration budgets and of course, time-consuming exploration work.”

The bank is advising investors and consumers to start purchasing soon while a weak macroeconomic backdrop keeps prices at around $8,300 a ton. Citi said copper may dip further in the short term, but should begin rallying within six to 12 months, topping out at about $15,000 in 2025 under the most bullish scenario.

Copper soared to a record of nearly $11,000 in early 2022, as a surge in demand during the pandemic left the industry critically low on stock and the war in Ukraine stoked fears over supplies from Russia. During the rally, Goldman Sachs Group Inc., BlackRock Inc. and Trafigura Group predicted the green energy revolution would drive prices much higher still, but so far that’s been more than offset by China’s tepid post-lockdown recovery, an industrial recession in Europe and a rising interest rates.

Copper is booming en in Europe, some news is coming. But about shares!?

The video over Horizon Copper give you a new vision over Copper.
Listen to James Bloor Interview, with Horizon Copper's CEO Erfan Kazemi

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Leugens, bedrog, manipulatie en politieke corruptie
Geert Wilders: ‘‘Leugens, bedrog, manipulatie en politieke corruptie. Jorritsma en Ollongren noemde Omtzigt in geheim gesprek “niet te handhaven” en verzwegen dat voor de Kamer. Debat met Rutte aangevraagd. Wist hij ervan? Ollongren moet onmiddellijk aftreden als minister.’’
Omzigt 10jun 2023
ga naar
https://nos.nl/nieuwsuur/artikel/2478376-verkenners-zagen-omtzigt-als-probleem-en-risico-voor-de-formatie

Wat is dit Kabinet een onbetrouwbaar zootje!
Dit Kabinet zit deze week NIET meer UIT!

De agenda voor deze week
maandag 12 juni.
geen mededelingen

dinsdag 13 juni
AVA EuroCommercial

woensdag 14 juni
Greenyard cijfers 0ver 2022

donderdag 15 juni
- Brederode SA 1ste kw. 2023 cijfer
In Japan de rente
In de VS detailhandel - Industriële Productie.

vrijdag 16 juni
Werkeloosheid in België

Lees ook
Verkenners zagen Omtzigt als probleem en risico voor de formatie!
Wat een "SMERIG spelletje" en wil Rutte daarom nu niets weten van aftreden!
Dit Kabinet moet voor het "gerecht" gesleept worden!

De schijn wereld is dus niet alleen in de economie, maar OOK in de Politiek met hun onbetrouwbare Leiders!
Er mogen geen "eerlijke" mensen in de politiek zijn, die kunnen gevaar opleveren.

Wij schamen ons voor ons "Nederlanderschap"! Onze Koning" moet nu optreden en dit Kabinet naar huis sturen.

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-Sierra Leone’s Bio Hopes African Mission Can End Ukraine War
-Man City Wins First Champions League Title, Completes Treble
see & read more n www.bloomberg.com

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JBS prepares for alt-protein demand boom with cultivated beef mega-plant in Europe. “As the largest protein producer in the world, it is our responsibility to be at the forefront of any initiatives at the intersection of food and technology,” says Eduardo Noronha, JBS USA’s head of value-added business. “The new BioTech plant puts JBS in a unique position to lead the segment and ride this wave of innovation.” “The new hub in San Sebastián will allow BioTech Foods to offer cultivated protein as an innovative product that will meet the consumer demand for healthy, tasty and sustainable food products.” see & read more on
https://www.foodingredientsfirst.com/news/jbs-prepares-for-alt-protein-demand-boom-with-cultivated-beef-mega-plant-in-europe.html

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Organic pet food set for clearer labeling as EU Council and Parliament reach agreement. “For many of us, pets are an important part of our family, and we care about what they eat. As a result of the agreement, it will be easier for pet owners to choose organic food for their pets,” says Peter Kullgren, Swedish Minister for Rural Affairs. Innovation in nutritious pet food is proliferating as new research into areas like gut health inspires more advanced products.
see & read more on
https://www.foodingredientsfirst.com/news/organic-pet-food-set-for-clearer-labeling-as-eu-council-and-parliament-reach-agreement.html

Sport
- Feyenoord en Benfica bevestigen recordtransfer Kökcü.
reactie XEA.nl
Club "liefde" en geld staan los van elkaar.

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Positive Results From Pivotal Trials of exa-cel for Transfusion-Dependent Beta Thalassemia and Severe Sickle Cell Disease Presented at the 2023 Annual European Hematology Association (EHA) Congress. lees elders meer

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