Junior Mining Companies To Benefit From LME Rule Change [View article]
I may have missed something. Looking at your chart, about 63 months out is $3/lb. So the miners are being conservative and using a base of 1/2 that $1.50. So wouldn't a 10 year out use the conservative $1.15/lb as it looks like about $2.30 on your chart.
Junior Mining Companies To Benefit From LME Rule Change [View article]