Agreed there may be short term volitilty in the copper price, but the pressure due to insufficient supply to meet demand is very much long term. It takes years to get a copper mine into production. The copper price must rise to allow the large, low grade copper mines to get their capex funding, and under those conditions the higher grade copper miners like A1M will be making an absolute fortune from massive margins.
all imho, dyor
Agreed there may be short term volitilty in the copper price,...
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Last
30.0¢ |
Change
0.005(1.69%) |
Mkt cap ! $171.8M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.3¢ | 29.8¢ | $376.5K | 1.253M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 313322 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 146439 | 2 |
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| A1M (ASX) Chart |