BOC 3.03% 64.0¢ bougainville copper limited

That open pit jorc (volume) was calculated when the copper price...

  1. 3,151 Posts.
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    That open pit jorc (volume) was calculated when the copper price was about a dollar a pound and the gold price was about US$400 an ounce.
    5 Mt of copper and 19 million ounces of gold identified in the jorc (pre 1989. Yes, it's been a while since then.).
    So, not only have the prices of copper and gold appreciated immensurably - but at these higher prices a new jorc (which should come in when they do the new DFS, slated to be completed before end of 2026) will probably define a much larger number than 19 million ounces imo.

    Copper has jumped to $4.24 per pound today with every analyst tipping copper as the go to metal of the future, and gold is holding at US$2300 (AUD$3500 per ounce sounds a lot better I might say).

    There are one or two stale holders trying to get out at between 60c and 70c on market.
    Why investors with a long term view aren't snapping these up is beyond me - it almost defies logic.
 
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Last
64.0¢
Change
-0.020(3.03%)
Mkt cap ! $256.6M
Open High Low Value Volume
68.0¢ 68.0¢ 64.0¢ $51.49K 78.75K

Buyers (Bids)

No. Vol. Price($)
1 9000 63.0¢
 

Sellers (Offers)

Price($) Vol. No.
65.0¢ 79999 1
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Last trade - 15.52pm 06/05/2024 (20 minute delay) ?
Last
64.0¢
  Change
-0.020 ( 3.03 %)
Open High Low Volume
67.0¢ 67.0¢ 64.0¢ 7310
Last updated 15.34pm 06/05/2024 ?
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