After doing further research on FireFly Metals (FFM), I am very pleased with their move into Copper, in addition to their excellent Gold opportunities.
The demand for copper (e.g. new generations of solar panels & EVs) will see higher copper prices as some copper mines close (Glencore in Mount Isa) and the leadtime for new copper mines are very long. (Note: The demand for Phosphate with LFP in EVs is similar with companies such as Avenira - AEV )
Evolution Mining (EVN) have also recognised the copper futures with their recent $500M acquisition in NSW.
Best Wishes to all SHs. I remain am optimistic in the future for FireFly Metals (ex AuTECO).
AUT General Thread, page-30
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Last
78.5¢ |
Change
0.030(3.97%) |
Mkt cap ! $372.5M | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 79.0¢ | 76.5¢ | $420.5K | 540.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 15566 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 92401 | 8 |
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| Last trade - 11.59am 16/08/2024 (20 minute delay) ? |
| FFM (ASX) Chart |