Well copper prices look strong leading into next year,i'm holding what i have of QMN and hopefully the board will realise they have to act now and make hay while the sun is shining on the Copper prices.
Reported in the West Australian newspaper today: Copper has the strongest fundamentals and lead the weakest,Bank of America Merrill Lynch analysts said.Higher refined copper imports into China should support copper prices through next year,the bank said.
Copper will average $US8500 a tonne in the fourth quarter next year compared with $US7500/t in the first quarter and $US7890/t yesterday.
QMN Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
