What does Telfer being commissioned next week mean in laymens terms? You have given a good summary. However you have also inserted a lot of ifs. That is if gold and copper prices rise.
From my perspective I am looking at a July option expiry. I have bet that NCM will not go above $14 by July29 and will not fall below $12. But looking at the chart it has not gone beyond the 13.50 mark this year. What makes you say that it will go beyond the 13.50 mark by next week? Is it Telfar commissioning? You have to tell me what Telfer commisisioning means
NCM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
