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7.32% 3.8¢ olympio metals limited

fair comment mate. As I’ve said previously, the oversupply issue...

  1. twmochi
    880 Posts.
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    23/10/19
    23:11
    Post #: 41040960
    fair comment mate. As I’ve said previously, the oversupply issue concerns me. I worked in the iron ore industry over 2010 to 2015 so saw first hand what can happen in an oversupplied commodity market - it’s not pretty. I like CLI, but near term prospects are a concern for me. If they can sell their current crop in a reasonable time at a fair price, then I think they will see some valuation growth.
    CLI Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.8¢ 		Change
-0.003(7.32%) 		Mkt cap ! $3.248M
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3.8¢ 3.8¢ 3.8¢ $3 85

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