US EditionPTX Metals, de-risking a potential monster Ring of Fire project – Epstein Research
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PTX Metals, de-risking a potential monster Ring of Fire project – Epstein Research
Although copper (“Cu“) at today’s $4.72/lb. is a strong price for existing producers, most analysts, pundits, company management teams, and consultants believe $12,000-$15,000/tonne, or $5.44 to $6.80/lb. is needed to get most viable early-stage Cu projects off the fence, into production. Given the geopolitical headwinds (political, economic, military, trade, etc.). China is holding up well and remains by far the largest consumer of Cu. Its econ…
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