The trend will continue and IMO we will be at $1 at 31/03. This is due to many factors as POS and Europe and US devaluing currencies and hence attributing further value to gold and silver.
But the most important FA fact causing the CCU re-rate is very simple. Producing silver and generating cash flows. That attributes a major risk reduction in CCU and hence the PE values in due time will reflect this.
CCU Price at posting:
71.8¢ Sentiment: LT Buy Disclosure: Held
