Good buying opportunity imo.
Got some money coming in the next two weeks and wouldn't mind another parcel below 80 cents.
This thing will start ramping up in 2025 as mount isa winds down and glencore/government will want the smelter to keep running.
Hopefully the scooping study will be followed up by an accelerated pfs and move to dfs and investment stage.
Copper price will only go higher when mount isa mine goes offline and more renewable projects get going.
Also a bit of a curve ball but I reckon Trump losing the election will be good for copper as it will keep America on the path of supporting renewable projects.
Good buying opportunity imo.Got some money coming in the next...
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Last
50.5¢ |
Change
0.005(1.00%) |
Mkt cap ! $86.82M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 53.0¢ | 49.5¢ | $131.5K | 259.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 875 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 5825 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |