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Yes looks like a good day to top up on this one.....
Ex divi day so drops 7pc. Good buying day given outlook.
Div 2
I have bought in here based on good positive momentum.
Analysts at RBC Capital Markets lowered their target price on miner Antofagasta from 1,450.0p to 1,350.0p on Wednesday as it cut its rating on the stock from 'sector perform' to 'under perform', stating the risk/reward scenario was now "stretched".
Dissapointing comment
Getting there.
The miners starting to look a safe haven right now. Looking forward to seeing this hit £19 again soon. The ramp up in everything electrical be it wind or EV’s make this copper play one of the most undervalued shares out there today.
Also nice to have a quiet BB without the usual muppets posting constant drivel about how low this will fall come WW3.
Glad I am aboard and one of my longest held shares.
Yes but does it only go up when only copper goes up or iron or more than one metal price?
Hopefully we will see £19 again here soon. Copper like oil will soon go through the roof. Despite recent rises this still looks pretty cheap to me
Think it has turned lets see what comes in
I think the uncertainity around the amount of tax rise on mining tax in Chilli is dragging the share price down, otherwise it is a good company
Den……likewise, it seems to jump between 1250 and 1500 pretty regularly. A great trading share and often moves 5% up and down in a day.
Got in at under 13 pounds today. Will add more if it hits 12 pounds, otherwise will sell at 15 pounds.
2023 is when Copper will boom.
The electric car revolution will not really get going until 2023 when volume can be ramped-up.
Supply chain issues are lekely to hold things up until then.
volatile up down. copper holding in there https://tradingeconomics.com/commodity/copper
Bottom of the range consolidation and liked the capital market day content
This biard very quiet these days so wondering if there is anyone else out there? I am starting to think ANTO looking well over sold. I think anyone picking up below £13 has to be a bargain. I did yesterday.
With all the hype about electric cars copper has to be in high demand over the next few years.
Good luck folks and hopefully we will see true value reestablished in in 2022.
A Bloomberg journalist just commented on TV that there were rumors in the market about a potential takeover of ANTO. Thus explaining some of todays dramatic price action. Seems far fetched to me, but it would be a nice surprise. Probably nothing.