I know this part belongs with the MLX posts - but this was pretty interesting in the AFR this morning talking about copper.
" ... Freeport-McMoRan, the world's biggest publicly traded producer, reckons further gains are likely. Chief executive officer Richard Adkerson said a looming deficit will benefit the company, with prices expected to hit $US4 a pound ($US8818 a tonne) or higher, according to remarks on a conference call ..."
So from a WGX point of view, Rover must be starting to look viable with co-credits possibly rising?
Sell off and Bounce?, page-6
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$2.65 |
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