As mentioned in my previous post, the US led recovery is now taking over the steering of spot Cu (upwards).
I want management to jack-up production at Nifty and open Gordon. US$2.86 is over AUD3 and that is definitely > than cost of production.
This is NPV -ve!!! Again I re-iterate:
1. Is it their job to punt on copper price?
2. If they do, and get it wrong...I want resignations!
This should be closer to $1.80-2.00
As mentioned in my previous post, the US led recovery is now...
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Last
80.5¢ |
Change
-0.005(0.62%) |
Mkt cap ! $75.63M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.5¢ | 80.0¢ | $8.394K | 10.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16041 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 8387 | 1 |
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| Last trade - 15.06pm 08/08/2025 (20 minute delay) ? |
| ABY (ASX) Chart |