Boliden to date supplies 25 % of its total Copper from its own 3 Swedish mines to their own smelters . If the Pyhäjärvi deal proceeds with First Q then that will rise to a higher level but may become the price setter for any future contracts with AOH . They are also big buyers of scrap copper for their smelters . Our company only has one significant buyer so we are sensitive to their purchasing strategy . There is another big copper buyer down near Hamburg : Nord Deutsche Refinerie ... but then that is a shipping deal also unless its FOB .. terms . On the matter of the share price it still is going nowhere and the liquidity is woeful. There is a danger that the management try and privatise the company as is the trend with other unloved ASX stocks ..eg Linc and Gilbertsons play thing .. then we are all shafted . Would be nice if they let us in on any confidential talks with Credit Suisse ....about our company . Transparency is meant to be what the ASX listings are about. If privatisation is on the cards lets all demand 70 cents or then set up an EGM to oust the Perth club .
AOH Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
