AIS 3.33% 15.5¢ aeris resources limited

Copper needs to be “well above” $3 per lb to attract investments...

  1. 11,858 Posts.
    lightbulb Created with Sketch. 1698
    Copper needs to be “well above” $3 per lb to attract investments
    “Important investments won’t happen at $2.60 per lb,” Cussen said. “The copper price needs to be well above $3 per tonne ($6,614 per tonne) for new investments to occur.”

    Pala Investments' Gill agreed. “Either the world demand for copper [will need to] shrink substantially or the incentive price of $7,800-8,000 per tonne [$3.53-$3.63 per lb will need to be] reached,” Gill told Fastmarkets.

    https://www.amm.com/Article/3913954/Nonferrous/2020-preview-Cus-long-term-prospects-bright.html
 
watchlist Created with Sketch. Add AIS (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.005(3.33%)
Mkt cap ! $149.9M
Open High Low Value Volume
15.5¢ 15.8¢ 15.0¢ $346.9K 2.257M

Buyers (Bids)

No. Vol. Price($)
1 116473 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 286051 8
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
15.5¢
  Change
0.005 ( 3.33 %)
Open High Low Volume
15.0¢ 16.0¢ 15.0¢ 1406737
Last updated 15.59pm 29/03/2024 ?
AIS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.