I doubt that very much - with predominantly one commodity the company is then subject to "copper cycles only", which is not good business practice. You only have to look at what happened to Nickel here in AU - only 2 operating facilities left running ..........
Also AU is not a huge copper producer cf Chile, 1/6th of what they produce - and if they ramp up (a bit like what Indonesia has done with Nickel) then crap will hit the fan.
I do think many countries (esp those that trade with China) are "learning" about how to control markets / exploit them for their own benefit and throw in our high costs (due to inept policies / laziness to do anything smarter) is hurting AU.
ANX is bucking that trend though - doing things smarter (bio-leaching) and not using 40+ year tech to leach copper from ore ..........
- Forums
- ASX - By Stock
- Media
I doubt that very much - with predominantly one commodity the...
-
-
- There are more pages in this discussion • 48 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 ANX (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.58M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $4.222K | 201K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 279420 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 320591 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 279420 | 0.020 |
3 | 752684 | 0.019 |
5 | 661482 | 0.018 |
10 | 509510 | 0.017 |
2 | 432000 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 320591 | 2 |
0.022 | 499000 | 2 |
0.023 | 525000 | 2 |
0.025 | 65000 | 2 |
0.026 | 28000 | 1 |
Last trade - 10.00am 26/09/2024 (20 minute delay) ? |
Featured News
ANX (ASX) Chart |
The Watchlist
BPH
BPH ENERGY LTD
David Breeze, Managing Director and Executive Chairman
David Breeze
Managing Director and Executive Chairman
SPONSORED BY The Market Online