Is it 0.4% then?
I'm just wondering (maybe wrong), just over my head:
* in 2011, olympic dam reported to have 1.98% cu eq
* in 2017, it could provide 500 years of copper supply. Holly 500 years?
* oak dam west can provide 6% cu eq (article above)
With copper decade high, it still couldn't go any near to iron ore revenue. How about the 500 years supply of copper at 1-2% cu eq? The cost of copper production must be crazy high I believe. I heard some recent research, copper can go to much higher price but if there's 500 years of supply with 2% cu eq, how could it bring price much higher? I might think only grade above 2% would make sound at the moment? I could be wrong.
We might see reflection of this after current bond and usd settle down.
Please correct me if i'm wrong.
- Forums
- ASX - By Stock
- How much do you think the SP will increase when the JV with HCH's massive Chilean copper resource goes ahead?
Is it 0.4% then?I'm just wondering (maybe wrong), just over my...
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
|
|||||
Last
$42.98 |
Change
-0.100(0.23%) |
Mkt cap ! $217.8B |
Open | High | Low | Value | Volume |
$42.91 | $43.15 | $42.66 | $205.0M | 4.770M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 908 | $42.98 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.99 | 3346 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 5117 | 43.020 |
9 | 5102 | 43.010 |
26 | 9847 | 43.000 |
11 | 6824 | 42.990 |
6 | 1494 | 42.980 |
Price($) | Vol. | No. |
---|---|---|
43.030 | 4303 | 20 |
43.040 | 4083 | 17 |
43.050 | 5424 | 14 |
43.060 | 3112 | 10 |
43.070 | 2888 | 8 |
Last trade - 13.17pm 17/07/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |