Copper price is now $US2.91lb or $AU8120/tonne and should break through $US3/lb in the near future. It might take another small dip but every time it bounces back at higher price point reflecting the underlying fundamentals of the market. Supply is tight and demand is growing strongly through to 2020.
HGO is on the cusp of generating large surplus cashflows and should be in for a substantial rerate as it stats demonstrate the cash inflows.
Ann: Successful Completion of Cash Management Initiatives, page-13
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.5¢ | $58.83K | 1.068M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 260464 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 1299265 | 2 |
View Market Depth
| Last trade - 15.57pm 26/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
