XAM has certainly fallen a lot Arsenic so could be worth a punt based on (a) strong Cu recovery and (b) improved/ continued drill results. I agree with you that Cu's demand and supply drivers are solid as per long discussions on MOD threads and that this Cu correction will likely be short lived.
I see that EV sales, globally have crossed 400k per Q for the first time ... that's a lot of new Cu use not to mention the growth in renewable energy generation which is 4-5x more Cu intensive than incumbent sources:
I just question whether XAM yet has an attractive project based on the drilling to-date when compared to other companies.
Davisite, I hold DGR vs SOLG directly because of the discount to NTA. Via DGR I get A$138m of publicly traded, mark-to-market assets for A$55m including A$78m worth of SOLG shares. Nick Mather runs both companies.
Cheers
John
XAM Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
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.
(20min delay)