The case for copper is strong, however we are seeing some flattening up here, through 8 I have seen for.... oh dear how long I got it in the end Its a funny old metal at the good end, $25 is a near term, but I will be honest I was massively over weight and $23-$24 was perfectly ok for me to lighten a bit on the big red.
New energy, its movement and storage has been my go-to for the last 15 years, in fact just about anything which touches that is going to do well. A tad of gold and bitcoin for a counter in those times when you want some dry powder out of cycle etc. OZL is managed brilliantly and has much growth ahead, in fact a perfect long term copper commodity stock IMO.
Cheers Phil.
OZL Price at posting:
$23.92 Sentiment: Hold Disclosure: Held
I got it in the end
Its a funny old metal at the good end, $25 is a near term, but I will be honest I was massively over weight and $23-$24 was perfectly ok for me to lighten a bit on the big red.
