@Jase71 thanks for posting.
Note the month on month price growth picking up steam - as predicted by mining leaders (and now billionaires) Ken Brinsden and Chris Ellison.
Sept to October 22: $6988 to $7100 = +$112 USD
October to November 22: $7100 to $7805 = +$705 USD
Out fundamentals grow more compelling by the day.
175k t @ 7000 USD = USD 1.22bn = AUD 1.813bn.
Double production and that figure rises to AUD 3.626bn
Obviously need to subtract costs.
Makes our 2.73bn market cap look very, very cheap!
As others have wisely stated listen to the miners and reap the long term rewards.
IMO DYOR
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@Jase71 thanks for posting. Note the month on month price growth...
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83 | 3556835 | 0.090 |
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