Hi yaq and PP,
Forecasting a sp is difficult, to say the least. Yaq, you are correct, miners can only really control their costs, most other things are outside their control.
I picked up this today from The Australian. UBS have forecast copper to average $9,060 for 2012. Here is the link.
http://www.theaustralian.com.au/business/in-depth/europes-grim-asias-uncertain-but-at-least-you-can-bank-on-our-lenders/story-fnawdwo8-1226234409679
HGO have done a great job in getting the mine up and going. I hope it works out for you all. Yaq, I would not not be too harsh on the management team. As far as resource projects go, they have done quite well wrt to budget and timeline. They have also, IMO, kept the market informed, both good and bad news.
HT1
Hi yaq and PP,Forecasting a sp is difficult, to say the least....
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Last
6.1¢ |
Change
-0.003(4.69%) |
Mkt cap ! $127.8M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.1¢ | $209.1K | 3.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.2¢ | 756577 | 8 |
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| Last trade - 14.05pm 07/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |