RXM
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0.00% 46.5¢ rex minerals limited

RXM 2024 General Discussion, page-298

  1. arsenic
    15,680 Posts.
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    28/06/24
    12:40
    Post #: 74520835
    For anyone expecting a Cu price collapse medium term. This is what Trading Economics forecasts.
    https://tradingeconomics.com/commodity/copper
    https://hotcopper.com.au/data/attachments/6275/6275903-546a0f52a16a541256bb677b723ea1bf.jpg
    It's pretty close to the LME futures which can be bought and sold today.

    A factor in hedging in mine financing sometimes demanded by banks.

    All IMVHO.
    Last edited by arsenic: 28/06/24
    RXM Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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