33
Global Energy Enters A Hinge Of History A Private Presentation For Big Picture Trading February 28, 2020 By Gianni Kovacevic

Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Global Energy Enters A Hinge Of History A Private Presentation For Big Picture Trading February 28, 2020 By Gianni Kovacevic

Page 2: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Gianni Kovacevic - Following Energy For 20 Years

Page 3: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Staticville

Are We At The Beginning - To The End - Of The Oil Age?

Page 4: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

London

Page 5: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

“The problem is not so much to see what nobody has yet seen, as to think what nobody has yet thought concerning that which everybody sees.”

Arthur Shopenhauer

Page 6: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Copper

The Great Enabler Of Green Energy

Page 7: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%
Page 8: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

2025

Demand For Copper Since 1900

Demand For Copper…

Doubles Again

2030 2035 2040 2045

4%3% 2% 1.5%

Page 9: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Running Out Of A Commodity Doesn’t Matter.

Until It Matters…

Then, It Matters A Lot!

1Rule # In Commodity Speculation

Page 10: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Commodities Are Cheap - Stocks Are Expensive

Page 11: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%
Page 12: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Next 30 Years 50% of Final Energy = Electrification

3X-5X More Copper

Page 13: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Copper?

Oil?

Decoupling?

Page 14: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Oil: Catching The Coronavirus?

Page 15: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Oil: Catching The Coronavirus?

First 5/6 Days

Page 16: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Copper: Catching The Coronavirus?

First 5/6 Days

Page 17: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

“When they ra id the house of ill repute, they arrest everyone, including the piano player.”

Dennis Gartman

Page 18: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Copper vs Oil - 6 Months (Duration Of Corona Virus)

1. 2.

Page 19: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Copperin2020

Copperin2025

Page 20: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

20

The 14 Largest Copper Producers

Page 21: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Future Grades: Below 0.4% ?

Yes!

The 19 Largest Copper Development Projects (Not Owned By A Major)

Page 22: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Low Grade Reserves Virtually Guarantee $5.00/lb

Copper?

Oil?

2025

Decoupling?

Page 23: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Source: Copper Alliance

Page 24: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

24

Copper Creek Arizona

Contact Copper Nevada

2% C.C & Contact Royalties

FOUR Businesses: Market Cap = $18 Million

A Holding Company Of Copper Assets

1 2

3 4

Page 25: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

Significant Leverage to Rising Copper Prices

Source: Preliminary Economic Assessment – Copper Creek Project (SGS Metcon / KD Engineering, 2013); Pre-Feasibility Study – Contact Copper Project (International Enexco, Ltd., 2013)Note: Copper Creek NPVs are reported at a 7.5% discount rate, Contact Copper NPVs are reported at an 8% discount rateNote: Pre-tax sensitivities for Contact Copper are not available in the published report, simplifying assumptions were made to convert post-tax figures to pre-tax figures based on base-case copper price pre and post-tax reported NPVs

CopperBank’s two flagship assets provide investors with significant and low-cost upside exposure to copper prices, as demonstrated by the most recently published economic studies on each project.

➢ At a commodity price of $3.50/lb Cu, the combined net present value of the two projects is estimated at US$867 Million.

Pre-

Tax

NPV

(US$

M)

($400)

$0

$400

$800

$1,200

$1,600

Copper Price (US$ / lb)2.5 2.75 3 3.25 3.5 3.75 4

Copper Creek Contact Copper Total

1420.7708

1143.9632

866.7335

590.348

314.5404

36.7328

-240.0748-240.0748

36.7328

314.5404

590.348

866.7335

1143.9632

1420.7708

Each $0.25 Move in Copper Price: ~$1.00 /Share In NPV Jump

$4.00 /S NPV!

Page 26: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

1 Year Share Price

Market Cap @ 0.06 = $18 Million

Page 27: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF

Why Should Investors Care About Helium?

Page 28: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF20

16

2017

2019

2018

2020

~$279 /MCF

~$850 /MCFHelium Prices: +1,600%

Page 29: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF

Page 30: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF

Page 31: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF

USA Helium Production

Four Corners

Page 32: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF

TSX.V - DME

Page 33: Global Energy Enters A Hinge Of History - The Market Huddle...2025 Demand For Copper Since 1900 Demand For Copper… Doubles Again 2030 2035 2040 2045 4% 3% 2% 1.5%

CSE: CBK FWB: 9CP OTCQX: CPPKF

Market Cap @ 0.06 = $18 Million Market Cap @ 0.25 = $10 Million