Going by the long life mines in their copper industry and that they are bring on new supply. Whilst this is all dependent on global demand & transition away from carbon but they also have a FTA with the USA !!
https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/011524-chilean-copper-output-expects-fast-recovery-after-a-15-year-low-in-2023
https://www.miningnews.net/resourcestocks/resourcestocks/4194185/unique-project-chiles-emerging-copper-belt
What happens when supplies are reduced / restricted - see graph below:
https://en.macromicro.me/charts/943/lme-copper-warehouse-stock-vs-copper-price
Anyway, I still like ANX - they seem to be ahead of the pack with their bio-leaching extraction technology ..........
Media, page-24
Add ANX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.60M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.1¢ | $77.14K | 1.754M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 41999 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 22500 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
4.4¢ |
Change
0.000 ( 0.90 %) |
||||
| Open | High | Low | Volume | ||
| 4.4¢ | 4.6¢ | 4.2¢ | 778571 | ||
| Last updated 15.58pm 24/05/2024 ? | |||||
| ANX (ASX) Chart |