GREY:NEVDQ - Post by User
Comment by
quinlashon Apr 04, 2024 9:54pm
180 Views
Post# 35971806
RE:Copper price
RE:Copper priceDudtycat wrote: Copper prices at 14th month high!!
While copper spot prices remain in the higher range of historical, or trend higher, we will see two things start to become possibilities;
1) The company will be getting additional cash coming in from the sale of the ore they currently extract or have brought to the surface already (stockpiles). This "may" address the bit of additional cash needed to compete final ramp-up.
2) The appeal to large investors to provide financing to the mine increases therefore making the possibility of additional lenders stepping forward higher.
As retail investors we will likely only know after a Press Release is issued. Very rarely will you see this leaked out in an article / report.