SFR 3.43% $8.16 sandfire resources limited

Well based on your guess at 1.5 every copper mine will close or...

  1. 133 Posts.
    lightbulb Created with Sketch. 51
    Well based on your guess at 1.5 every copper mine will close or go bankrupt and no copper will be producing and then copper will soar again. Mind you it’s a good job sandfire still have degussa for à few years one of the most profitable copper and gold mines. Think I read it has a breakeven of 90c for its production. SFR is totally oversold and when China and the rest of the word restart the engines and what massive infrastructure projects and electrification green power they are not going to get copper out of the ground for anything less than 3.5. So it will simply be supply and demand not politics or China gaming 6 months of copper stocks it’s more complex than that.....but good luck with your short positions lol
 
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Last
$8.16
Change
-0.290(3.43%)
Mkt cap ! $3.732B
Open High Low Value Volume
$8.29 $8.42 $8.13 $33.10M 4.016M

Buyers (Bids)

No. Vol. Price($)
2 7311 $8.16
 

Sellers (Offers)

Price($) Vol. No.
$8.19 9030 1
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
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