Cu will be strong for the next 15 years and more than likely above $6/pound in three years time as EV production ramps up and the electrification of Asia and Africa gathers pace - all against a backdrop of constrained supply. Cu is a no-brainer here on in.
And Hog Ranch could easily be a 5moz asset with AISC under $1000.
Assuming shares on issue double over the next three years, it's still easy to see a trebling of the share price over that period. Sure, it's not an explorer with 10 bag potential but the risk profile is orders of magnitude lower at this point than the typical early stage wannabee.
Patience is the most critical element of wealth compounding. If only I had more !! Note to self: take your ADD medication.
Zen
Cu will be strong for the next 15 years and more than likely...
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Last
22.5¢ |
Change
0.015(7.14%) |
Mkt cap ! $172.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $40.06K | 186.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 215863 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 64999 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.015 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| 21.5¢ | 21.5¢ | 21.5¢ | 59800 | ||
| Last updated 14.24pm 03/05/2024 ? | |||||
| RXM (ASX) Chart |