I also believe sometime these things happen for a reason. Current cu prices are low and this temporary shutdown will reduce the supply and demand will stay the same. Eventually price will go up in 2024 for copper and 29M will be back online. They will be back to $2 to $3 mark for sure by end of 2023 H1 once they are fully back online and got their refinance done. All you need is to ignore daily movement and wait for 1 year.
29M Chart, page-79
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Last
40.0¢ |
Change
0.020(5.26%) |
Mkt cap ! $280.7M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 40.0¢ | 37.5¢ | $546.1K | 1.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10239 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 177673 | 11 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| 29M (ASX) Chart |