Very simply,the price has to go to at least 60 dollars to make mining viable.Take into consideration a 'risk' factor or if you like a buffer in price,for finance to move forward I would be thinking a 20% buffer in price would be reasonable.SO...$60 plus 20% equals $72 dollars.That's my thought of the day.Of course forward contracts are a/the key but...just saying......Thoughts anyone?
- Forums
- ASX - Day Trading
- Day trading pre-market open September 16
Day trading pre-market open September 16, page-52
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)