I 100% agree. copper is about the 10,000 usd per mt mark now. the chart over the last 3 months is steadily up, there are a bunch of things constraining supply worldwide from poor mine grades to the situation with first quantum's mine in Panama. Against this background we have a mine that needs a fairly small amount of money spent to restart. This is something that becomes more compelling economically each day. like a lot of people I am well underwater on this stock right now, am I complaining no, I have been buying more as I think they are cheap now. I also made a lot of $ in NST by getting in at an average of just over $2/ share and just holding on. I am going to do the same with this one. I think BB track record speaks for itself and he doesn't have a banker or financial credibility issue like lots of jnr miners, he is also very invested in DVP.
I am certainly not selling because of short term share price issues and a broker downgrading the stock price target, while the primary commodity price keeps increasing because shortages are looming and expected to continue by BHP and others eg Rick Rule to be a long term issue.
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I 100% agree. copper is about the 10,000 usd per mt mark now....
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Last
$2.39 |
Change
0.020(0.84%) |
Mkt cap ! $579.9M |
Open | High | Low | Value | Volume |
$2.35 | $2.41 | $2.34 | $910.9K | 385.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8949 | $2.37 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.39 | 672 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 8949 | 2.370 |
1 | 1949 | 2.360 |
2 | 6949 | 2.350 |
5 | 9071 | 2.340 |
1 | 260 | 2.330 |
Price($) | Vol. | No. |
---|---|---|
2.390 | 672 | 2 |
2.400 | 1949 | 1 |
2.410 | 1949 | 1 |
2.420 | 1949 | 1 |
2.440 | 2000 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.39 |
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Change
0.020 ( 1.10 %) |
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Open | High | Low | Volume | ||
$2.39 | $2.42 | $2.34 | 87250 | ||
Last updated 15.59pm 03/05/2024 ? |
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DVP (ASX) Chart |