I'm mainly bullish on copper over a multi-year period and taking positions in multiple copper juniors who would benefit from a rising copper price.
I'm bullish copper too and my assessment is it might take off next year and be a little more subdued than forecasts of say a year ago. It takes 10 years to build a copper mine, listen to some of the old hands and they're talking an extra decade on top of that in some cases... the supply / demand fundamentals are compelling.
I could nominate a few copper stocks on the ASX that have been around for a long time seemingly doing nothing other than treading water but one simple process in the chain can take years.
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Last
12.5¢ |
Change
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Mkt cap ! $64.70M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 622658 | 12.0¢ |
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Price($) | Vol. | No. |
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12.5¢ | 767391 | 7 |
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No. | Vol. | Price($) |
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15 | 622658 | 0.120 |
8 | 620356 | 0.115 |
7 | 790954 | 0.110 |
5 | 1478648 | 0.105 |
5 | 702200 | 0.100 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 767391 | 7 |
0.130 | 392095 | 8 |
0.135 | 1264640 | 9 |
0.140 | 593214 | 5 |
0.145 | 124567 | 3 |
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