Looks like warehouse levels are climbing from the bottom. I recall a poster regularily uploading these charts showing the levels falling and suggesting a price rise in Cu must occur as a result and thus AVB's fortunes. This all happened while our plant was being commissioned.
Alarmingly neither of these events helped our SP...it actually started falling into the low 6's again.
If Cu remains at these levels for years which is just as likely as any rise IMO...and many commentators...then why would you have your capital parked here year after year when there are sectors going gangbusters???
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30 Day LME Copper Warehouse Stocks Level
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AVB Price at posting:
6.2¢ Sentiment: None Disclosure: Held
