Copper may well hold up as well as gold, if there is a downturn in the market.
There was an article today in the AFR which I have not yet seen.
A good time to be holding AMI shares I am thinking.
The start of it reads ....Copper heads for historic squeeze with China's demand red-hot
The global copper market could be on the cusp of a historic supply squeeze as Chinese demand runs red hot and exchange inventories plunge to their lowest levels in more than a decade.
A growing chorus of traders and analysts say those dwindling spot reserves could trigger a further surge in prices, building on a rally that lifted copper this week to two-year highs above $US6800 a tonne.
Ann: FY20 Financial Results Presentation, page-80
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Mkt cap ! $296.0M | |||
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