Daniel Earle (@danielearle3) 's Twitter Profile
Daniel Earle

@danielearle3

Global macro, commodities, equities. Solaris $SLS.to $SLSSF 'Copper Growth and Discovery'

ID: 1024331974188486656

calendar_today31-07-2018 16:32:28

2,2K Tweet

3,3K Followers

872 Following

ENERGÍA, MINERÍA Y MEDIO AMBIENTE (@elmonominero) 's Twitter Profile Photo

AYUDA - La canadiense Solaris Resources Inc. Resources y su subsidiaria Lowell Mineral, en coordinación con @xvgGeoengineer #ViceministrodeMineria de @RecNaturalesEC, envió 7 volquetas para apoyar las tareas de remoción de escombros a Quito por el aluvión en La Gasca. #mineria

AYUDA - La canadiense <a href="/SolarisResource/">Solaris Resources Inc.</a> Resources y su subsidiaria Lowell Mineral, en coordinación con @xvgGeoengineer #ViceministrodeMineria de @RecNaturalesEC, envió 7 volquetas para apoyar las tareas de remoción de escombros a Quito por el aluvión en La Gasca. #mineria
Daniel Earle (@danielearle3) 's Twitter Profile Photo

China “electrify everything” -> dominate renewables, see offshore wind per (((The Daily Shot))) Renewables 5x Cu intensity vs fossil fuels Offshore wind 2x Cu intensity vs solar Global offshore 5x growth to 2030 Over 200GW @ 10kt Cu per GW - where's all the #copper coming from?

China “electrify everything” -&gt; dominate renewables, see offshore wind per <a href="/SoberLook/">(((The Daily Shot)))</a> 

Renewables 5x Cu intensity vs fossil fuels
Offshore wind 2x Cu intensity vs solar
Global offshore 5x growth to 2030

Over 200GW @ 10kt Cu per GW - where's all the #copper coming from?
Daniel Earle (@danielearle3) 's Twitter Profile Photo

#EV megatrend accelerating per BloombergNEF '22 10.5m units, +60% from '21 Bear in mind, '21-22 actuals 50% above forecast At 10% adoption, critical mass -> sales take off China/EU – slow to '19 then fast, 15%/20% now going to 40-50% by '30. US 8% next $tsla $rivn $lcid

#EV megatrend accelerating per <a href="/BloombergNEF/">BloombergNEF</a>

'22 10.5m units, +60% from '21
Bear in mind, '21-22 actuals 50% above forecast 

At 10% adoption, critical mass -&gt; sales take off 

China/EU – slow to '19 then fast, 15%/20% now going to 40-50% by '30. US 8% next 

$tsla $rivn $lcid
Daniel Earle (@danielearle3) 's Twitter Profile Photo

$VALE 2021 #copper prod comes in at 297 kt, down 63 kt from year prior -> Below revised guidance of 360-380 kt -> Far below original guidance of 390 kt Supply underperformance across industry is a return to normal Wider deficits, tighter market is story of 2022

Ronald Stewart (@ronalds_aucu) 's Twitter Profile Photo

Looking forward to presenting the #HighlanderSilver $HSLV story on the #SoarFinancial online event this Wed, Feb 15 @ 10am EST. See you there

Looking forward to presenting the #HighlanderSilver $HSLV story on the #SoarFinancial online event this Wed, Feb 15 @ 10am EST.   See you there
Daniel Earle (@danielearle3) 's Twitter Profile Photo

Solaris $SLS.to $SLSSF Latest drilling returns highest grades reported to date, near surface in near NE extension that remains open SLS-48 - 100m of 1.64% CuEq from 50m depth w/in 852m of 0.56% CuEq Near surface, high grade open to N and NE Starter pit anyone?

Solaris $SLS.to $SLSSF 

Latest drilling returns highest grades reported to date, near surface in near NE extension that remains open

SLS-48 - 100m of 1.64% CuEq from 50m depth w/in 852m of 0.56% CuEq

Near surface, high grade open to N and NE

Starter pit anyone?
Daniel Earle (@danielearle3) 's Twitter Profile Photo

Russia metal supply fears focus on #aluminum #nickel #palladium, #copper to play catch up? New highs coming soon? Russia only ~4% of global production, however, T-3rd largest global exporter with Australia Source: Macquarie

Daniel Earle (@danielearle3) 's Twitter Profile Photo

Sunday listening - Pozsar on #RussiaUkraine sanctions: Reduced liquidity Greater gov't spending Higher inflation Seizure of CB fiat #currency reserves -> Cont'd rotation to #commodities -> Re-emergence of #gold reserves -> Turning point for #USD? podcasts.google.com/feed/aHR0cHM6L…

Daniel Earle (@danielearle3) 's Twitter Profile Photo

The Case for Investing in Nuclear Power: -> #Uranium going mainstream -> Explosive move coming with $SPUT US listing? podcasts.google.com/feed/aHR0cHM6L…

Daniel Earle (@danielearle3) 's Twitter Profile Photo

Resource strength = geopolitical strength: "Australia announced A$500m in funding to boost output of critical minerals, aiming to diversify supply for allies" -> Key for rare earths as miners can fund mines but impossible to fund downstream processing reuters.com/article/austra…

Daniel Earle (@danielearle3) 's Twitter Profile Photo

MAC to buy CSA from Glencore for $1.1b 5th #copper M&A transaction this cycle: MATSA $1.9b Sierra (45%) $1.6b Jose $0.5b TRQ $2.7b CSA $1.1b Last cycle - 35 transactions This cycle requires >100 to solve 2x supply deficit and already setting records for prices $SLS.to $SLSSF

Daniel Earle (@danielearle3) 's Twitter Profile Photo

Low-cost renewable power solution Structural advantage Scale, efficiency Low emissions -> future of mining economy -> future of Warintza Solaris $SLS.TO $SLSSF

Daniel Earle (@danielearle3) 's Twitter Profile Photo

TD on metals trading paradox: "Shanghai traders send a strong message that supply disruptions still outweigh demand risk... taking advantage of recent dip to substantially increase longs" China knows inventories low, supply tight, policy lift inbound! #copper #nickel

Daniel Earle (@danielearle3) 's Twitter Profile Photo

Jeff Currie of GS underlines point on physical market dominance: #Copper stocks still at lows dating back to 2008 AFTER period of typical build despite macro narratives No buffer built to accommodate shocks -> clear potential for $5.40 Cu over next 1-2 mo on supply hit

Daniel Earle (@danielearle3) 's Twitter Profile Photo

Solaris $SLS.TO $SLSSF Final Holes Pre-Resource NE Extension: SLS-54 356m of 0.73% from 50m (1,093m of 0.56% from surface) Follow-up holes ongoing, 260m step-out platform completed plus next step under construction