Post by
nofluff on Oct 28, 2020 11:16am
copper
has 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
Comment by
2024golden on Oct 28, 2020 12:57pm
We have to assume management has looked at all options to finance.....probably several times over. Lets believe they will make the best decision available at the time.....