Fund managers are talking about 3 copper exposures that could (in theory) replace it: WA-based Sandfire Resources, WA/Queensland miner 29Metals (in a world of hurt at the moment) or the SPAC that’s still scraping together capital to buy Glencore’s CSA Mine but should end up listed in Australia.
The reality is that none of the contenders come close.
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
OZL Price at posting:
$28.17 Sentiment: Hold Disclosure: Held