Morning all27 Apr 2021 12:22
Along with China buying in , or as it has actually been confirmed, hoarding a copper deposit mountain, the copper price will be as Goldman Sachs has declared ie. -$15,000.
I think IMO that all copper plays on main and AIM are absolutely basement case price purely on old copper price points for MRE”s and NAV.
Re rating across the sector is going to be swift and most importantly, stable.
IMO it won’t be a case of buying before or on a spike, it is absolutely the case to be buying in to all sensible ASSET string copper and gold plays now and the benefits will be outstanding, just IMO. Happy
To hold my 14.5M and won’t be adding as the attractiveness from 21.5-24.5 has disappeared IMO for good even if a fundraise is required. Remember, the actual ASSET value of copper is on the ground is rising every single day so getting money now is going to be a cheaper option.
Gl ALL genuine BZT holders.
FIERCEY