RE: Ars12 Feb 2019 20:50
Consensus is 2.6 - 2.9, more or less current trading range. China - US trade agreement may push Cu towards 3, if US growth story remains in tact. Cu price is currently sentiment driven, as physical copper stocks stand at an all time low. Read into that what you will. For me, I'm bullish copper for many reasons, but future supply constraints, EVs, lower quality Cu production, physical availability to name but a few.
Great time to buy ARS as we are sure to rise strongly over coming months. Assets are being proved up and deals being lined up