$40??? Hmm we'll see but BP will still make money at that .. off top of my head i think BP can still make money at $33 per barrel just shows how fecking much they are making now ffs...ken 3.40s for glenda is me being conservative
Aye 3.40s looking very likely for glencore it was bought up very quickly from 3.21s ftse looks about to go on a good run yank markets are flying once again so ftse should follow it next week
The dives are blips unfortunately glencore is heavily traded too ...but it'll get there take the divi and smile that's another thing it only takes summat like a divi doubling and woosh the SP will rocket ...won't happen? Really well take a look at tesco who'd of thought it? Fourcandles I stated £4.80 last year and it would of got there too if trump/brexit/subpoena hadn't ruined the party so all being well it would of been past £5 easy by now
Fourcandles. End of 2019 £4-£4.20 by the end of 2020 £5 £5.50 the way copper is going to go into deficit and the fact ivan will want the SP back up into the ipo price,plus with buybacks and the continuation of the buybacks I'm being very conservative there too ...if all the ducks line up the subpoena/trade wars/electric vehicles. .if I was going to be optimistic £8 by end of 2020 ...but who knows....
I reckon the ftse at some point this year will hit that 8000 mark or get very very close to it, last may took it to 7877 think it'll get beat this year if all the ducks fall into a line ..now I've said that watch it go tets up :-*
This bit i limed "We're going to have a supply deficit that will begin to show itself in the next 24 months, which will not only support the current copper price but also, send it upwards," said Arriagada