Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Miners fail to lift FTSE after copper rally StockMarketWire.com A 1.5% rally in the price of copper to $3.12 per pound lifted shares in miners, but this failed to push the FTSE 100 into positive territory. The FTSE retreated 0.1% to 77,168. Glencore (GLEN) increased 2.5% to 375.8p and Anglo American (AAL) jumped 1.7% to �16.70. Peers Rio Tinto (RIO) and BHP Billiton (BLT) made smaller gains.
www.livecharts.co.uk/MarketCharts/copper.php
Is this a leaky share?
Copper Prices - Live Copper Price Chart, Forecast & Analysis - DailyFX https://www.dailyfx.com/copper-prices Copper prices, news, charts and analysis. Read the latest copper price trends and articles. You've visited this page many times. Last visit: 04/02/18
Hi NI where do you get the Cu figures from in real time? Many thanks
If we can close near 3p by end of week would set us up nicely for next news flow...;0))
All sounds great in readiness for 70,000 tonnes per year production #rightplacerighttime
With a more compelling electric vehicle (EV) story now being told, many argue the copper market will face such heavy deficits by the mid to late 2020s that the long run price will have to be much higher than this in order to attract sufficient investment.
Currently up 2.32% :)
$7000 hit
Back over $7,000. That didn't take long !
Fast charger sockets can be 50kW, super fast 120kW. EV will increase electrical loads on the system no doubt. Imagine the increase in electricity just from multi-storey car parks.
Yeah, I think the additional use of copper in EVs is only a part of the unfolding copper demand story. Charging our EV's at home will require houses to be re-wired, utilities to add extra transformers and heavier gauge cabling to homes, charging points in the street, etc etc
Electricity use is growing especially with renewables and electric cars. Battery storage schemes will also increase tieing communal wind and solar power together on housing estates. Use more copper !!
Over 2% up - looking very strong.
Heading back to $7,000
Yes the current value does look too low but investors may fear of further sells dragging the price lower. Funding news or other asset progress should propel us vertically...;o))
no brainer at these levels :)
slowly ..towards 3p
about $200/ton since the low on Friday. This Friday will be the Chinese New Year. After that, the market could heat up again. During 2018 the main price driver is likely to be industrial disputes at the major mines in Chile and Peru. There are an unusually large number of wage agreements due to expire. With copper up 70% since the 2016, the union members will want their share of the loot - and who can blame them? 2017 saw a copper supply deficit of somewhere around 200k tons (Nov and Dec figures not published yet). The 2018 deficit may be higher, due to rising global demand (strong economic growth plus green tech) and falling grades at older mines. If we factor the possibility of major industrial action into a market which is already 'tight', the price action could be very significant.
strong buying early doors
Still drip feeding large chunks of shares into market
Thanks for explaining that TDT. I thought it was mighty coincidental!