Sp does look pretty bad for all IRL holders. If there is any consolation, top 10 holders have continued their support and in the last month we've seen directors and Sydney Equities increase their holding. Crawley increased their holdings in the prior month so hanging on for some positive news about production and maybe Banwas or Khetri. Agree Hip....current Cu price won't be good when negotiating with HCL but India's domestic copper consumption is expected to maintain a high rate of single digit growth.
If we can get some increase in sp you would think Pebble may throw their hands in the air and the two shall be one...ER and Singh to do the deal.
At least the sell down is weak on volume if it means anything. Good luck to all. AGM won't be far off so good opportunity to get a grasp of dealings.
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