The copper bulls seem to be pulling in their horns for 2019.
https://investinghaven.com/commodities-gold/copper-price-forecast-2019/
This group forecast $US 2.60 to $3.20 with an outside chance of a downward breakout to $2.20 if the European economies weaken. They recommend to watch the Euro and hope it doesn't breach support at $1.08-1.12. Strong copper demand from batteries and renewables is seen as being delayed but probably hard to forecast.. Hedging by HGO to date has clearly been very good.
What we need now is a strong drilling result from Kanappa.
copper price, page-45
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
-0.002(3.45%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 5.8¢ | 5.5¢ | $178.0K | 3.147M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 260909 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 799916 | 1 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
