Hey @Giovanni33 what are you on for that jetlag mate? - break even is 'nuts'. See @Pokerface post below for his estimate.And @Pokerface here is a current LME price for copper. It is on a screamer too. Reference to the 'tight concentrate market' implies smelters cant get enough to meet contracts. AW1 is in a perfect position with stars aligning.
"Alongside this, the London Metal Exchange three-month copper price hit an all-time high of $11,104.50 per tonne on May 20. Fastmarkets heard that the tight concentrate market was among the reasons for this."
And @Pokerface here is a current LME price for copper. It is on...
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Last
9.2¢ |
Change
-0.001(1.08%) |
Mkt cap ! $47.67M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.0¢ | $819.8K | 8.508M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 197014 | 9.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.3¢ | 39000 | 1 |
View Market Depth
| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |