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1.59% 6.4¢ hillgrove resources limited

Hi DuckyI see SFR are down 7% today.We have no copper to sell...

  1. benz 560
    493 Posts.
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    03/11/20
    17:48
    Post #: 48616947

    Hi Ducky
    I see SFR are down 7% today.
    We have no copper to sell for possibly a year. Things happen. I know China buys a huge amount of the worlds copper production. Other copper producing counties are having problems with production thanks to Covid. If this ban does go ahead, other markets will step up and take the copper. We seem to think China is the only market, there are many other growing countries that need copper. Just got to get out of Covid times. Might be a good time not be so reliant on China.
    HGO Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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