fk, it was a zero volume day the day before. that has me cautious as there was no buying. or is this perhaps more an indcation that all the supply had been wrapped up?
it was a strong buying day after a presentation to an overseas mongolian industry conference.
tinny,
Oyuu tolgoi was also on the agenda yesterday. We could ask, where is our presentation????
GLOBAL demand for refined copper is forecast to rise by more than 40 per cent to 27 million tonnes by 2020, and the massive Mongolian gold and copper Oyu Tolgoi project is strategically positioned to capitalise on that increase as it grows to become a top-five global copper producer,
Rio Tinto's Mongolia country director said yesterday. Cameron McRae, who is also chief executive of the Oyu Tolgoi project, said in a presentation that can be found on Rio's website that "there is significant scope for demand growth over the medium to long term", as India and China continue to grow.
I wonder who Wrixon will be barracking for on the 17 Sep????
SF
HAR Price at posting:
26.0¢ Sentiment: Buy Disclosure: Held
