ICG inca minerals limited
Add to My Watchlist 12.5% ! 1.4¢

Glencore are closing Mt Isa after 60 years. That is another...

  1. Lifeisabeach
    1,385 Posts.
    lightbulb Created with Sketch. 228
    clock Created with Sketch.
    12/12/23
    00:26
    Post #: 71394273
    Glencore are closing Mt Isa after 60 years. That is another major copper mine closing down. Supply will get scarcer, 3-5 times more Cu in an electric vehicle than in a traditional internal combustion vehicle.

    My sentiment is back to buy, just waiting for a cap raise with options sometime early next year.

    Beach
    Last edited by Lifeisabeach: 12/12/23
    ICG Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
NEWS Infini remobilising at Portland Creek after geo specialists line up 12 'priority' targets
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS Harness the power of Australia’s leading investor community
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.