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Re "much talked about supply deficit": projections look like an increasing surplus all thru 2024. DYOR etc.
Everything looked good in the update. Something just needs to be delivered to move the share price.
Nice to see these ticking upwards on the steady Q3 update this morning. I doubled my holding last week after the recent fall. I was hoping for a bounce from around the 300p level and that's looking like a good decision so far.
Let's hope the Cu price manages to stop drifting lower, as it has recently, and starts showing some signs of the much talked about supply deficit that's forecast for the next few years.
Zebrow - my thoughts exactly the same where is the connection with this dumb following the ELIX start-up this drop is perplexing at best!
Down over 12% in 1 week? I know CU price is down but this is way oversold. Especially when you think it was at 380p in Feb. So what's making the price drop so much?
The Chinese holiday has caused a bit of a glut on the LME adding to the volatility in the price of copper and aim shares get the brunt of it.
Well, IMHO it is all about copper price, altho whether that is just paranoia who knows. I can understand expectations of a short-term downdraft in metals esp copper.
Well whatever, I bought some more.
ATB DH
Thanks Whalebone. I also look at the Copper price daily, but that isn't the sole reason why the price has dropped so far, so quickly.
Maybe the AIM MMs are setting it lower for their own purposes.
i’ve been in here for eleven years now and i’ve learnt to watch the action with hopefully a bit of objectivity.
i watch the cooper price daily. its 3.61 right now and this extremely volatile at the moment.
however the movement of the dollar against the euro in the past quarter has been very much in our favour.
i have purchased another 970 shares in the past half hour which will no doubt show as sells.
as mr dc has advised there is a shorter here accumulating for next weeks good news.
i also watch anto***asta for comparison and it has fallen only a little in the past week.
Down substantially again his morning, Anyone know why?
The 12th should see an uptick in the share price. The q3 operations update will be far far better than last year where we made a loss.
Dividend re-invest next couple days
lots small trades expected
Unfortunately, someone is trying very hard to push the SP down. It opened with a UT of just 16 shares at 331! We definitely have a shorter here.
Thanks MrDc, this is definitely what we need here. Hope that it's enough to give ATYM a push up.
Also could be that chinas demand for copper has risen 8% year on year as per statement issued by goldman sachs
Well, this could give the SP a lift, if things are going well.
I thought that the E-lix system is already in operations? So, it is still waiting for the local authorities approval .
Advfn post says that elix has got start up approval from local authority.could be reason for price hike.
Someone sold 2 shares at 331. He/she must be a shorter trying to bring the SP down. It got to be illegal!😡😡😡
More good news from China. Let's hope that ATYM will be benefited.😁😁
https://www.reuters.com/world/china/china-cbank-adviser-proposes-structural-reforms-revive-economy-2023-09-24/
Good economic news from China this morning but still not enough to give ATYM a push up. Like what I said, we need them to announce a stimulus package. 😂😂😂
Another good day for ATYM. Hope that it will finish the week at 360+, then 380+ next week. A wishful thinking of course but who knows. All we need is China to announce a stimulus package , which will surely push all mining shares to sky high.😂😂