Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Then your a mug punter. There are no new contracts mate. The big Ames being spouted aren’t even contracts there in connection with read the small print, which won’t be for financial gain. They are also no new they’ve been in connection with for a long time. Where was the RNS staying all these new contracts?
I think oil is over sold on Russia/ Saudi posturing. Expect there will be a sustained rise above $40 in the next 3 months with Covid19 likely to peak around May.
Many will sit back an wait for confirmation which is sensible bu the will be one hell of a rise once Covid19 numbers drop off and OPEC make commitments.
4,394,300 volume today VS 13,834,012 volume for the equivalent rise. That's some pull back on no volume, considering no news and drilling results wont have even been discovered by those on site. I only generally see this when a placing is due, but there has just been one, or in preparation for a big jump. With news due soon. I will let you make your own assumptions