RE:RE:RE:Scotia view of recent financingMF...great comments as always.
At US$3.00/lb. copper Imperial will be well onside for all their financial covenants.
With the tax reform package planned by Trump in the US I see copper under more demand pressure as mid income American start buying homes.
Question?.... does anyone know if copper can be sold foward on the futures market for 1-2 year? This move would de-risk Imperial materially.