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Https://www.investing.com/commodities/copper
Well $11K by July !
What by December??
It takes a slight pull back then ........zoom again ! I think we need $12K + before anyone wants BR but that looks highly likely / inevitable
We can all apologise to CB when he sells it for over 10p next year :)
I think Antibacterial may be correct and the market may need more details via PFS.
That will remove any doubt.
AIMHO
I said yesterday AIM could be a bit strange at times and today seems a good example !
Really surprised we are not in the 30s at least after the news
I can only assume there are still many many traders here who sell en masse into a decent rise??
Hopefully we will get more news before AGM and more holders will have sticky fingers??
For accuracy, I should have said in suspension and they are considering options available to them, which may include the Board deciding to appoint administrators to the Company.
so not a great share tip :)
They are getting a lot of flack over at BEN. They have been ramping BEN up for some time and it's now gone into administration today
As I said recently, they are just as bad as CB, but it appears they are now getting found out ...
As has been stated here before, the roast boys get paid to promote companies so its not unbiased independent analysis .
Paddy
Sp is only down due to U/T trade yesterday pushing sp up 10%. As soon as the market opened that was corrected with a 10% fall.
SP has been flat all week tbh
As for not selling when sp was x5 higher? Why would you or anyone do that? After all the sp was going much much higher after the buy out wasnt it??
Wasnt it CB??
:)
Not everyone is gong to be happy about this deal. Especially those who sold out after losing patience and belief and are now thinking....... oh s@%t I shouldn't have sold :)
Seems to be a few like that on ADVFN !
Well done all LTH who stuck by this one. And anyone who is under water should make a decent profit now (I would think).
I've only been here 8 months and its been a bit stressful even for a newbie like me, so it must have been a lot more emotional for the LTHs :)
AIM market is a bit strange at times but surely it will react accordingly tomorrow !
40p a few months ago when there was rumour of bond financing so what? 50p tomorrow??
Who knows? But it should be fun finding out tomorrow :)
What is disgusting is CB saying to shareholders re BR:
1. I'm not worried about the grades we know we have them. Then changes that to " The grades fell away"
2. We were biting our nails re the 2mt but now we have the ascot discovery we dont need to bite them anymore. Announces 1.3 mt
3. This is a tier 1 asset then at an AGM 18 months later said its hopeful going to be a tier 1 asset.
4. Saying if they offer me 10p I'll tell them to stick it.
5. The buy out wont be a death by a thousand lashes in April 22...over 2 years later nothing
What really gets me is that he doesnt accept any responsibility that when reality met his comments the sp fell.
Apparently, It is nothing to do with his BS forward guidance, just external economic macro factors ! 5% of that is probably true but 95% of the fall is down to him
"If CB falls off the perch God forbid, what will that do for "his" companies ?"
Probably a share re rate :)
Traders are all over this as its a yoyo share, but the risk is they will get caught out when news drops in next week or month .....6 months? Who knows?
I'm not taking that risk so happy to hold and watch the ups and downs
Records broken
keeps going vertical !!
https://www.investing.com/commodities/copper
https://www.forexlive.com/news/copper-prices-hit-a-record-breaking-5-per-pound-for-the-first-time-20240514/
Https://www.investing.com/commodities/copper
$11K in July ????????
6 May
"Goldman Sachs has raised its forecast for copper prices this year (2024) from $10,000 per ton to $12,000 per ton, indicating that copper prices must rise to $15,000 per ton next year to avoid a supply gap"
"Goldman Sachs expects that to incentivize long-term mine investment, the long-term average price needs to be maintained between $12,000 and $13,000 per ton; to address the short-term copper scarcity issue, the average copper price next year is expected to reach at least $15,000 per ton. "
I doubt BR will be sold for at least 12 months and probably more like 18 months. We will need POC to go over and stay above $12K for some time before the majors want it imho
Also I suspect POC will be going much higher than whatever the price it is in 12 months (2 year bull run??) So I hope he doesnt sell too soon?
At least it looks like those who didnt sell on the down turn should get rewarded...eventually. And CB may get some credibility back :)
"Do shareholders prefer this other input or are they happy to just hear Colin solely fronting the company in interviews/podcasts?"
Tbh I'm not too bothered who gives us the info, but I would like it to be accurate, realistic and not all BS !
So far that has not been the case.......... from a number of different sources :)
I would prefer it if this slowly climbs up and doesnt spike. Traders and profit takers will be all over this and we will see the usual big fall back.
Obvioulsy if there is good financing news then nothing will stop the sharp rise :)
"Really feel there must be a way to start generating interest to benefit the sp."
If this did not have the legacy issues then the sp would surely be higher due to all the potential here and with anticipated future POC.
Unfortunately, due to CB's BS over the last few years there is no trust in anything he or the roast boys say (they were as bad as him) so the sp will only move now on actually results and delivery not fine words and promises of jam tomorrow (which may or may not be true) .
Unless CB delivers something of actual value reflected in the SP, his legacy will be that he's a charlatan and full of BS
Over to you CB to actually deliver SP APPRECIATION . Thats the only criteria most will now judge you by.
Https://www.livewiremarkets.com/wires/has-copper-s-time-come-again
"If only the multiple account twerps would p*s off cluttering this board with carp."
I suspect they will be doing so soon when they realise the games up with their narrative