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It interesting that they are predicting an oversupply in both...

  1. Cronus
    1,298 Posts.
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    08/08/23
    13:18
    Post #: 69222794
    It interesting that they are predicting an oversupply in both the concentrate and purfied markets going forward, although my reading is that on current (and projected) prices they are quite profitable. Will be good to see the off-take agreements in place, with POSCO and Mitsubishi.

    https://hotcopper.com.au/data/attachments/5490/5490971-99670f4a09bf317b3b40515559315ecd.jpg
    https://hotcopper.com.au/data/attachments/5490/5490976-b612fabf7680c10ee925c8bbf16f2565.jpg

    Last edited by Cronus: 08/08/23
    RNU Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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