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
- Forums
- ASX - By Stock
- Ann: EXTENSION OF DEBT FACILITIES
Copper needs to be “well above” $3 per lb to attract investments...
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
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($) | Vol. | No. |
---|---|---|
16.0¢ | 286051 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 116473 | 0.155 |
15 | 607121 | 0.150 |
6 | 485300 | 0.145 |
17 | 786451 | 0.140 |
9 | 551693 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 286051 | 8 |
0.165 | 385187 | 5 |
0.170 | 613053 | 12 |
0.175 | 967522 | 11 |
0.180 | 54974 | 6 |
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 ? |
Featured News
AIS (ASX) Chart |