Which makes absolute sense. We are in a commodity super cycle driven by low rates and infrastructure stimulus.
Mines stopped expanding for market share post GFC, focusing more of profits but now demand has ramped up there is a price squeeze!
When commodity price increase the way the have we get inflation and that's why bonds yields wound out.
You'd be a laggard if you've gone backwards or stayed flat in commodity price over the last 12 months.
Ann: Muga Project Receives Mining Concession, page-35
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HFR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $122.4M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $70.49K | 237.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 292702 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 54034 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| HFR (ASX) Chart |