Trump Tariffs and his "Keep the markets on their toes" narrative style with a weak AUD and strong USD spooked the markets of riskier speculative investments and headed to the "Safer" gold and fixed interest. A 19% IRR for the LOM is a solid number with a conservative Revenue stream based on a strong USD and $4.30 Cu price.
Now that Trump has deflated the USD to potentially make US exporters more competitive into the future $6-8 copper becomes a very real possibility?
"KOOLAIDE" Anyone?
HCH Price at posting:
46.0¢ Sentiment: None Disclosure: Held
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