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AIS, Airis jumped 9% on the back of a rising Copper Price now...

  1. ccdavid
    2,490 Posts.
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    10/05/21
    18:12
    Post #: 53073127
    AIS, Airis jumped 9% on the back of a rising Copper Price
    now standing at US$4.87/lb on the copper futures.
    At that copper price, PAN AISC go lower at US$4.30/lb.
    At PoN now reaching US$8.20/lb , that is a US$3.9/lb margin.
    Some are now saying , Copper could hit 15 to 20,000 / ton
    overtake Nickel.





    PAN Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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