The Glencore move will help keep spot prices elevated, and that's what they want.
I think that existing, permitted mines are becoming more and more valuable, as it seems unlikely that any new ones will be coming on line in the near future.
Ann: December 2018 Quarterly Report, page-34
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $172.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 21.5¢ | $621.8K | 2.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 378959 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 125750 | 6 |
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| TER (ASX) Chart |