1) Regarding the copper price: Please read this below:
Barclays raises 2014 zinc, copper price outlook on higher demand Reuters Jan 13, 2014, 01.40PM IST Tags:zinc price Industrial metals first deficit Copper price Barclays(Barclays said it expects…)Barclays on Monday raised its zinc and copper price forecasts for 2014 citing improved demand outlook for the industrial metals.
The bank sees zinc at $2,138 per tonne in 2014 and forecasts copper at $7,125 per tonne this year, it said in a note.
"We expect the global refined zinc surplus to shrink markedly this year and for the market to move into its first deficit in almost a decade in 2015," it said.
2) Regarding the CDU share price:
Company has share issue: 322 million and no debt ( debt free) with strong Copper assets. It is now in good position in comparison to 2009. Plus, CDU has down so much work and in fast pace in progress to achieve the final stage of copper project.—as per announcement.
Cheers to all holders
CDU Price at posting:
$1.64 Sentiment: Buy Disclosure: Not Held
