With the Australian dollar copper price now just 3.5 percent shy of the figures used in the economic mine plan modelling, and with China re-opening, one would imagine that finance companies would now be lining up to provide finance.
One would also think that a good hedge against inflation would be a long investment in commodities.
If Lachlan is shrewd, and plays his cards right, we could be an ASX200 stock in the not too distant future.
The pendulum has swung.
It’s risk on.
Good luck to all holders, and for the non holders, the train is about to depart the station!
Risk on
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Last
7.5¢ |
Change
-0.003(3.85%) |
Mkt cap ! $157.0M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.3¢ | $414.9K | 5.566M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716973 | 7.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 82714 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
-0.003 ( 5.13 %) |
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| Open | High | Low | Volume | ||
| 7.7¢ | 7.7¢ | 7.4¢ | 3355836 | ||
| Last updated 15.55pm 03/05/2024 ? | |||||
| HGO (ASX) Chart |