At $9950/tonne there’s good margin for producers. I think there’s a distinction to be drawn between speculative copper explorers, some of which have been bid up, versus producers some of whom their share price is nearly the same as when copper was $8,000.
At $9950/tonne there’s good margin for producers. I think there’s a distinction to be drawn between speculative copper explorers, some of which have been bid up, versus producers some of whom their share price is nearly the same as when copper was $8,000.
Amerigo Resources in Canada? Priced like an explorer but with biz model closer to royaltyco and ~ 100% pure play copper.
Hi Avi, I'm writing Copper Part Two - and I'll be considering Amerigo in that
I was a holder in RXM bought the day after Trump was elected as a reflation play and just taken out as a x9 cash bid, so keen on copper.
But, everyone and his dog are keen on this theme.
In the past this has not been a good backdrop as a predictor of future returns...
Hi Oak Bloke
Awaiting your comment with keen interest
Thanks
John
Regarding CAML, do not forget that they are yielding a cool 8% too.
Hi John, I'm writing Copper Part Two - and I'll be considering CAML in that
And CAML
I am watching Phoenix Copper (on Aim) for a potential Junior play. Idaho, USA assets.
Hi Fred, I'm writing Copper Part Two - and I'll be considering PXC in that
You have missed out Anglo Asian Mining (LSE:AAZ).
Copper/Gold miner in Azerbaijan
Hi Matt, Not if I write about it in Copper! Part Two - and I'll be considering AAZ in that