AVM 15.0% 2.3¢ advance metals limited

lme copper

  1. duc
    120 Posts.
    For those not following the copper price.

    Copper down slightly overnight as LME warehouses in Singapore and Dubai increased. Analysts expect more deliveries to arrive soon.

    This could keep a cap on prices but I wouldn't expect a large retrace unless inventories start to sky rocket.

    full story:

    http://futures.fxstreet.com/Futures/news/afx/singleNew.asp?menu=latestnews&pv_noticia=i4489665306192642112

    And as a disclaimer this is a commentary on copper only not saying it will be detrimental to Anvil share price.
 
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