DML
Click for more information
0.00% 1.9¢ discovery metals limited

A low copper price is not all bad and it might suit DML in the...

  1. Bernard99
    1,097 Posts.
    lightbulb Created with Sketch. 9
    clock Created with Sketch.
    02/05/13
    19:09
    Post #: 11716004
    A low copper price is not all bad and it might suit DML in the medium term....

    Low prices would mean that a few marginal mines would close down and expansion plans of other mines would be shelved.

    This would lead to a drop in supply - lower supply would lead to higher prices just at the time when our hedging buffer comes to an end.
    DML Price at posting: 34.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

SFX Sheffield Resources achieves milestone production, shipments at Thunderbird, WA
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
3DP Pointerra wins US$1.63M from US Dept of Energy to model climate change scenarios
right-arrow Created with Sketch.
SUN ANZ deal to buy Suncorp to go ahead following approval from Treasurer
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
watchlist Created with Sketch. Add DML (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.