Jazzapat,
I am with you on CBH as a long term hold, and maybe even a buy at current levels though there are some other cheap stocks around.
However I have to comment on the phrase basic laws of supply and demand. You outline the demand scenario and broadly I agree, though India is in for a crash before it really takes off. But you ignore supply. CBH is not the only zinc producer seeing high prices and wanting to bring on more development - the future level of supply for zinc is rising fast and I think this worries markets. This may well be overdone, and Endeavour should be a low cost producer, but it would seem to me to be the biggest current worry.
Jazzapat,I am with you on CBH as a long term hold, and maybe...
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Last
9.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.347M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CBH (ASX) Chart |
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