Prometheus Execution (@style70642907) 's Twitter Profile
Prometheus Execution

@style70642907

ID: 953070692123033600

calendar_today16-01-2018 01:05:35

509 Tweet

273 Followers

3,3K Following

ekwufinance (@ekwufinance) 's Twitter Profile Photo

You can’t electrify the world without copper and the world is running out of it. - Large-scale copper discoveries are down 90% over the last two decades - Copper deficits are projected to widen through 2030 - Copper demand is surging: driven by electrification, data centers, and

You can’t electrify the world without copper and the world is running out of it.

- Large-scale copper discoveries are down 90% over the last two decades
- Copper deficits are projected to widen through 2030
- Copper demand is surging: driven by electrification, data centers, and
ekwufinance (@ekwufinance) 's Twitter Profile Photo

Copper’s supply problem isn’t just about new discoveries....It’s embedded in existing production. - ~50% of producing copper mines are 20+ years old - Average ore grades have fallen ~40% since 1991 - Half of global production will face additional grade decline over the next

Copper’s supply problem isn’t just about new discoveries....It’s embedded in existing production.

- ~50% of producing copper mines are 20+ years old
- Average ore grades have fallen ~40% since 1991
- Half of global production will face additional grade decline over the next
ekwufinance (@ekwufinance) 's Twitter Profile Photo

This is why copper shortages are inevitable. - Copper supply can’t keep up with demand. - Over the past 30 years, copper supply increased by ~12 Mtpa We now need to add the same amount in just one decade... 1/3 of the time In the meantime: - 1990-2010: ~200 large copper

This is why copper shortages are inevitable.

- Copper supply can’t keep up with demand.
- Over the past 30 years, copper supply increased by ~12 Mtpa

We now need to add the same amount in just one decade... 1/3 of the time

In the meantime:

- 1990-2010: ~200 large copper
ekwufinance (@ekwufinance) 's Twitter Profile Photo

We have reached peak copper supply. - Copper production is projected to steadily decline - Meanwhile, demand is surging Copper prices must rise to incentivize new production. The problem: It takes ~18 years from exploration to first copper. Copper deficits are structural.

We have reached peak copper supply.

- Copper production is projected to steadily decline
- Meanwhile, demand is surging

Copper prices must rise to incentivize new production.

The problem:

It takes ~18 years from exploration to first copper.

Copper deficits are structural.
ekwufinance (@ekwufinance) 's Twitter Profile Photo

The copper supply picture remains in a persistent deficit. - Only 1 out of 250 copper mines is losing money at today’s prices - Many mines are operating at or below their original design capacity - The incentive price needed to add meaningful new supply is $5.50-$6.50 But

The copper supply picture remains in a persistent deficit.

- Only 1 out of 250 copper mines is losing money at today’s prices
- Many mines are operating at or below their original design capacity
- The incentive price needed to add meaningful new supply is $5.50-$6.50

But
ekwufinance (@ekwufinance) 's Twitter Profile Photo

We have reached peak copper production - In the past 15 years, copper production rose ~7% - In the next 15 years, copper production is expected to fall by ~7% Meanwhile: - Data center copper demand is rising - Electrification is surging The copper supply-demand model is

We have reached peak copper production

- In the past 15 years, copper production rose ~7%
- In the next 15 years, copper production is expected to fall by ~7%

Meanwhile:

- Data center copper demand is rising
- Electrification is surging

The copper supply-demand model is
Mike Investing (@mrmikeinvesting) 's Twitter Profile Photo

The #Copper supercycle is about to begin… The shortage has officially started, & will progressively worsen to a deficit of 10 million tonnes by 2040. This is equal to 33% of current global demand. This is your last few chances to enter copper below $10. Save this for later…

The #Copper supercycle is about to begin…

The shortage has officially started, & will progressively worsen to a deficit of 10 million tonnes by 2040.

This is equal to 33% of current global demand.

This is your last few chances to enter copper below $10.

Save this for later…
ekwufinance (@ekwufinance) 's Twitter Profile Photo

Commodity supply is structurally broken New mine development has collapsed: - Copper: 2015 peak -> down 90% - Iron ore: 2000 peak -> down 90% - Nickel: 2010 peak -> down 80% - Gold: 2012 peak -> down 60% Yet production kept rising. Expanding existing, already-permitted mines

Commodity supply is structurally broken

New mine development has collapsed:

- Copper: 2015 peak -> down 90%
- Iron ore: 2000 peak -> down 90%
- Nickel: 2010 peak -> down 80%
- Gold: 2012 peak -> down 60%

Yet production kept rising.

Expanding existing, already-permitted mines
ekwufinance (@ekwufinance) 's Twitter Profile Photo

Copper deficits are piling up - From 2027 onward, deficits widen through 2040 - From 2037, annual deficits exceed 10 mt - That’s ~50% of today’s mine supply Cumulative deficits reach ~80 mt, or more than 3 years of global mine supply. Copper’s supply-demand model is broken.

Copper deficits are piling up

- From 2027 onward, deficits widen through 2040
- From 2037, annual deficits exceed 10 mt
- That’s ~50% of today’s mine supply

Cumulative deficits reach ~80 mt, or more than 3 years of global mine supply.

Copper’s supply-demand model is broken.
redpillbot (@redpillb0t) 's Twitter Profile Photo

Billionaire Robert Friedland drops the reality check: We need to mine 10,000 years of copper in the next 18 years. The world has absolutely no clue about the supply squeeze we are facing. Save this video to stay ahead of the curve.

ekwufinance (@ekwufinance) 's Twitter Profile Photo

Rick Rule: Copper is the next bull market - Copper offers the best risk/reward setup - 7% of global copper supply has vanished - In a market already in structural deficit “The copper price has a coiled spring aspect to it” At the same time, it is getting increasingly harder to

ekwufinance (@ekwufinance) 's Twitter Profile Photo

Stanley Druckenmiller: “Copper is the tightest position I have ever studied.” Ignore the hard-landing narrative. Copper demand is surging while production is peaking. That’s all you need to know.

TheGladiator (@thegladiatorhc) 's Twitter Profile Photo

The King of Copper, Robert Friedland, full presentation at the Future Minerals Forum titled 'The dawn of the copper age' "It's very clear that the copper price must double to meet future mining needs." If the Copper Price doubles, Copper stocks will 10X.

Bhavdip Sanghavi (@bhavdip143) 's Twitter Profile Photo

The way X bitches are crying, panicking and running to cash tells me everything I need to know. That’s usually when the bottom is here… or very close. Markets always work the same way: They panic. We buy from these bitches. Months later when the same bitches are screaming