AMI 2.70% 19.0¢ aurelia metals limited

bullish long term copper outlook

  1. 1,239 Posts.
    BHP and others big operators are rather optimistic about the long term price outlook for copper, despite short/mid term price weakness:
    http://www.businessspectator.com.au/article/2015/12/2/resources-and-energy/why-bhp-so-bullish-copper

    Which means that the decision to go with a bigger Hera plant first (more gold, lead, zinc to be produced soon) instead of going to "phase 2" (additional, more expensive  copper circuit to process ore from Nymagee) might pay off very nicely in the future.

    Haven't felt that positive about Aurelia in a long time ...
 
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Last
19.0¢
Change
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Mkt cap ! $321.3M
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