Recent news from Fitch on the copper price:
https://www.fitchsolutions.com/corp...h-following-recent-months-weakness-23-08-2018
The forecast is for an average price of $US7000/tonne for 2018 (YTD average only $US6774) and $US7100 for 2019. This implies a sharp move up from current levels in the near term.
This also confirms that HGO Cu price hedging has been excellent.
Recent news from Fitch on the copper price:...
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $108.9M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.5¢ | 5.3¢ | $66.58K | 1.247M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 295497 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 111754 | 2 |
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| Last trade - 14.00pm 03/12/2024 (20 minute delay) ? |
| HGO (ASX) Chart |
