Were waiting for q3 results. Update is due mid next month with financials following month. Its going to be far far better than last year where we made a loss because of fuel costs effecting everything.
The fact is india is growing at about 8% pa and has a larger population than china. Its going to be the.new china. Unless china sorts out its smoke and mirrors games it could get left behind
Still bouncing but at least its higher. I have read any decline in chinas copper usage will be taken up by indias growth. The shortages are coming soon together with an increased copper price. Hopefully
So let me get this right. Lme has 65k of copper in stock. Cancelled warrents are 26k leaving 39k available. Which is hours not days or weeks of copper stock. So whats happening? Something is either hidden from sight or theres going to be a copper price increase