I agree, but I think it's less about the energy transition and more about countries industrialising. India, Middle East and Africa are the 3 zones I'm watching as it's closely tied to the long term movements of copper.
Rest is pretty on point. Especially how many questionable companies there are on the ASX that even a bull market won't change. CNB is not one of them in my opinion.
But for now it will likely be a bit lacklustre in terms of SP purely due to where it sits on the development curve, until further de-risking or resource expansion news comes out. I will keep buying more systematically as things go on.
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1 | 20000 | 0.465 |
2 | 20436 | 0.460 |
3 | 16728 | 0.450 |
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