Understandable, I posted about this scenario, a 8% retrace after the second highest climb of hard metals is fine, while buyers are after a cheaper contract there is still undeniable demand, this might have been my third or forth last post I'm unsure.
The scoping study will be an up to date and improved one, so I'd imagine with a smaller OPEX after Brexit and higher profit margines against the sterling, a discount under $160p/t will be given.
I really want their coking coal and tin assets to get them cashflow positive then any gold will be a solid bonus. Former BHP management are showing they are all over commodity cycles.
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Understandable, I posted about this scenario, a 8% retrace after...
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