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Posted by on June 24, 2008, 6:12 pm
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> On Tue, 24 Jun 2008 14:15:23 -0700 (PDT), jontom_...@hotmail.com
> wrote:
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> >> On Tue, 24 Jun 2008 18:42:10 +0100, Mark Rand
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> >> >Jesus H Blair, I'm already paying =A32,300/tonne for lengths of EN24T =
:-|
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> >> Is that a metric tonne, a short tonne, or a long tonne?
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> >> Regards,
> >> Tony
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> >Nah Tony it's one of those "new EU measures" a bl****y expensive tonne
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> >I saw an interesting bit on TV the other day about how China buys it's
> >copper oar these days - by the South American Mountain full - seems if
> >you buy a whole mountain worth you can still get copper for $400 a
> >ton?? economy of scale I guess
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> >Any scraps of steel to spare gov?? A couple of Myfords and a
> >Bridgeport to support!
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> >Impoverished (increasingly) of Wales
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> I watched that too.
> They bought a 15,000ft high mountain in Peru which was almost all
> copper ore, and they reckoned that it would be mined down to ground
> level in 2 decades.
> Even with building towns and shipping in Chinese workers they reckoned
> that the cost would be $400/tonne as you said -against the current
> market price of $8000/tonne.
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> Peter- Hide quoted text -
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> - Show quoted text -
Peter hi again (and many thanks of course), I couldn't remember the
current price but I thought at the time it was "quite" a mark up. I
was also interested in the comment that almost all of it would go to
internal development within China so I guess they are planning a
little internal development??
The other point I was interested in was their complete lack of "social
conscience" just look at how they are screwing those poor guys in
Peru. I just wonder how long we can afford the very expensive "social
conscience" that seems flavour of the day in our "developed world".
Perhaps the Chinese will sell us a few cheap begging bowls in a decade
or two but I won't hold my breath.
Cynical of Wales
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