Global Energy Enters A Hinge Of History A Private Presentation For Big Picture Trading February 28, 2020 By Gianni Kovacevic
Gianni Kovacevic - Following Energy For 20 Years
Staticville
Are We At The Beginning - To The End - Of The Oil Age?
London
“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
Copper
The Great Enabler Of Green Energy
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
Source: Copper Alliance
Commodities Are Cheap - Stocks Are Expensive
Next 30 Years 50% of Final Energy = Electrification
3X-5X More Copper
Source: Copper Alliance
Copper?
Oil?
Decoupling?
Source: Copper Alliance
Oil: Catching The Coronavirus?
Source: Copper Alliance
Oil: Catching The Coronavirus?
First 5/6 Days
Source: Copper Alliance
Copper: Catching The Coronavirus?
First 5/6 Days
Source: Copper Alliance
“When they ra id the house of ill repute, they arrest everyone, including the piano player.”
Dennis Gartman
Source: Copper Alliance
Copper vs Oil - 6 Months (Duration Of Corona Virus)
1. 2.
Source: Copper Alliance
Copperin2020
Copperin2025
20
The 14 Largest Copper Producers
Future Grades: Below 0.4% ?
Yes!
The 19 Largest Copper Development Projects (Not Owned By A Major)
Source: Copper Alliance
Low Grade Reserves Virtually Guarantee $5.00/lb
Copper?
Oil?
2025
Decoupling?
Source: Copper Alliance
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
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!
1 Year Share Price
Market Cap @ 0.06 = $18 Million
CSE: CBK FWB: 9CP OTCQX: CPPKF
Why Should Investors Care About Helium?
CSE: CBK FWB: 9CP OTCQX: CPPKF20
16
2017
2019
2018
2020
~$279 /MCF
~$850 /MCFHelium Prices: +1,600%
CSE: CBK FWB: 9CP OTCQX: CPPKF
CSE: CBK FWB: 9CP OTCQX: CPPKF
CSE: CBK FWB: 9CP OTCQX: CPPKF
USA Helium Production
Four Corners
CSE: CBK FWB: 9CP OTCQX: CPPKF
TSX.V - DME
CSE: CBK FWB: 9CP OTCQX: CPPKF
Market Cap @ 0.06 = $18 Million Market Cap @ 0.25 = $10 Million