https://www.miningbeacon.com/posts/47494-dr-copper-is-kingAt Mines and Money Asia, a poll of delegates revealed the top 3 favoured commodities to be:
1 – copper
2 – nickel
3 - gold
Talking to delegates, their interest in copper is for a number of reasons. Firstly, there is a significant shortage of Tier 1 copper discoveries. Secondly, copper is not easily substitutable with other commodities. Thirdly, copper is a smart way to play the EV investment thesis. The average EV has 73kg of copper not 25kg. Finally, China’s demand for copper is still expected to increase at a rate of 10% per annum.
If we can ever get to master the Nifty beast, we could be in the money. It might be a rocky road, but it can't be impossible, can it? Is management that incompetent that this mine can't be turned around?
And, one day, that nickel could be worth digging up!
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Last
59.5¢ |
Change
-0.010(1.65%) |
Mkt cap ! $527.4M |
Open | High | Low | Value | Volume |
60.5¢ | 61.0¢ | 59.0¢ | $590.4K | 983.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4596 | 59.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 188212 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4596 | 0.595 |
6 | 243003 | 0.590 |
5 | 239547 | 0.585 |
3 | 13200 | 0.580 |
3 | 260000 | 0.575 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 43212 | 3 |
0.610 | 6000 | 1 |
0.615 | 35000 | 2 |
0.620 | 117118 | 4 |
0.625 | 90000 | 3 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
MLX (ASX) Chart |