Long term prospects look good. I think $30 will probably look good in a few years time. Copper will only get better as we continue world wide electrification. Of interest is that this discussion gets a run on the same day as Goldman cuts target price to $18.90. and Morgan increases their target price to $25.70. These target prices two months after a $25.00 offer by BHP. I would like to understand why Goldman thinks $18.90 is an appropriate target price. The Brazil elections is the only possible explanation I can think of. I'm happy to add to my holding at this time.
OZL Price at posting:
$24.33 Sentiment: Buy Disclosure: Held
