The best part of this result is not the price, but there is a clear shortage, there is no new supply coming online until at minimum until next year,(actually I can’t see where next supply is coming from, new mines are years away, all current producers are commited ) this trend has more probability that the strong demand will continue
Both CXO and SYA are not "years away"
Ann: Results of BMX Auction, page-67
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$3.07 |
Change
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| Open | High | Low | Value | Volume |
| $3.19 | $3.20 | $3.07 | $96.53M | 30.85M |
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| No. | Vol. | Price($) |
|---|---|---|
| 41 | 815921 | $3.06 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.08 | 309816 | 3 |
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