I think the new royalties have both reduced risk and reduced upside at the same time. The new royalties will discourage met supply, which increases prices or at least puts a floor. They will also increase costs for the royalties and its impact on steel should drives inflation further.
Can still make a living, but barely. Stockholm syndrome talking.
Better to stick with their sub 10% royalty projects.
I think the new royalties have both reduced risk and reduced...
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Last
$7.71 |
Change
-0.120(1.53%) |
Mkt cap ! $6.450B | |||
| Open | High | Low | Value | Volume |
| $7.85 | $7.87 | $7.66 | $41.48M | 5.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | $7.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.72 | 15698 | 2 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| WHC (ASX) Chart |