Glencore are trying to spin the fact that they are overburdened with debt. If their debt burden weren't a problem they would be signing up all the off-takes they could lay their hands on given their stated outlook for copper. Going on a buying strike because the price is too low doesn't make sense. I'll stick to my buy low sell high strategy thanks. I will happily participate on any SPP component to the final restart funding.
Ann: USD35M Offtake Prepayment Facility for Nifty Restart Project, page-20
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.0¢ | $25.12K | 1.182M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 569999 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1179218 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CYM (ASX) Chart |