Australia's largest stock trading and investment forum Australia's #1 stock forum

ANX

Click for more information

5.26%

2.0¢ anax metals limited

I am new here only a month.following the growth in copper.my 1st...

First 91 Last

Share
Profile

Follow
Rubberman1

501 Posts.

69

16/05/24

07:57

Post #: 73847847
Share

Originally posted by Giovanni33: ↑

The moment it broke the historical high it was going to run on technicals alone. The unique thing about it though is the fundamentals are really crazy at the same time. It will stabilise eventually at these higher prices (close to 12k per ton) but once those prices are maintained, it's going to force many mines into development.

Long term though, even though new mines are coming online if India and Africa industrialise I question if new supply can even balance that out. We might see closer to 15k per ton in that scenario.

Either way, whim creek is very well positioned to take full advantage of this macro. Shovel ready, low capex, low MC and supportive macro.

Good luck everyone, I cannot wait to see the terms of the financing management has been working on.

Expand

I am new here only a month.following the growth in copper.my 1st buy was at 3.2 all the way up to 5.8,i will take a few off on friday and treat the mrs to a champagne dinner.this game is and can be soul destroying,so i like to take a few profits here and there.
however if we go into production next year i think holding long may allow us to buy a few cases of champagne.imo....
have a great day.might be green again...

ANX Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

PIQ

Proteomics ends deal with Sonic Healthcare for US commercialisation of kidney disease test

MAY

HotCopper users liking Melbana Energy's news it's becoming an oil producer; shares jump +47%

S&P 500 futures dip during non-deciding Trump-Harris Debate; bullish for energy

XRG

XReality Group wins US defence contract to supply training tech for $5.6M

REA

UK-based Rightmove knocks back REA Group's acquisition proposal

There are more pages in this discussion • 2 more messages in this thread...

First 91 Last

Add ANX (ASX) to my watchlist

(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $13.89M

Open	High	Low	Value	Volume
2.0¢	2.0¢	2.0¢	$5.785K	289.2K

Buyers (Bids)

No.	Vol.	Price($)
4	1267834	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	85979	1

View Market Depth

No.	Vol.	Price($)
4	1267834	0.019
10	879031	0.018
12	791510	0.017
2	900000	0.016
3	446733	0.015

Price($)	Vol.	No.
0.020	85979	1
0.023	165264	1
0.024	250000	1
0.025	30000	1
0.026	145844	2

Last trade - 10.38am 11/09/2024 (20 minute delay)

ANX (ASX) Chart