OCO buyout in 2020New post on Pakiya Funds OCO: Copper markets to pick up by paras In 2019, the copper market has been in a doldrum. There was a huge short that led the spot price into mid-$2. Although with the new year and renewed outlook on world wide economy, the copper market is starting another bull run. This looks really promising as there isn't much supply coming into market and demand is robust. RBC recently put out a report on their copper expectations and they are looking at $3 prices in 2020. We believe copper is poised for a rally back to $3.00/lb in 2020 as economic conditions improve (modestly) and we expect limited supply growth before 2021 If we see the $3 prices, Oroco will be looking at really good M&A prices. I expect 2020 to be the year Oroco is sold. So high copper prices will mean really good for the coming competition for acquiring Oroco. paras | December 15, 2019 at 2:30 pm | Categories: Updates | URL: https://wp.me/pp6QQ-qx Comment See all comments Unsubscribe to no longer receive posts from Pakiya Funds. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://pakiyafunds.wordpress.com/2019/12/15/oco-copper-markets-to-pick-up/