AVB avanco resources limited
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Mining.com / POC $6700 for new greenfield projects

  1. SingaporeSlingel
    111 Posts.
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    14/03/17
    09:23
    Post #: 23319639
    http://www.mining.com/copper-supply-disruptions-push-prices/

    "...new copper projects at such prices are not appealing at the moment. Based on predictions by Citigroup, the metal needs to rise to about $6,700 a tonne before mining companies commit to new greenfield projects. That means the industry will not likely boost capital spending until 2019."


    Supply constrain...2020...can't wait!

    GLTA
    AVB Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 20  Upvote
    lightbulb Created with Sketch.  Great analysis
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