Looks like the SP is somehow paralized at the moment. On one hand rasing zinc price should push the SP higher on the other hand obviously most of the actors in the market are waiting for hard facts (decision BHP and/or JV Perkoa). This is also reflected in the very low volume of today. I think we may see announcements within the next 4-8 weeks at the latest.
From a technical view I see resistance around 80 cents. A break should lead us to 90 cents. To break 1 dollar we surely need an according announcement I guess, but then...
I could also imagine that Scott is looking for the perfect deal. Newmont on board would be the blow of the hammer !
zinc and copper are rocketing, page-21
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $77.69M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $60.43K | 3.741M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 8908898 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 3878393 | 8 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BTR (ASX) Chart |