copperhas breached the 3.10 support. I guess 3.00 will hold. Lme and commex show 100 thousand tones added. Satelites say china likely losing supply.
My guess is that 3.20 copper enticed warrant holders 2 sell product back.
They will need to rebuy. May already have done so. It does not look like covid is going to disapear soon. We may as well get on with building florence.
We will have 2 finance. At 1.13 c1 it is an easy descission. The big q is, how do we get the best finance?
ns