Kaz Minerals Share Discussion Threads

[nicksoj] 10/3/2017 12:25

I agree. We're about to flip the trend to financials with commodities taking a back seat until interim divis.Nfp will be strong enough for a March hike. Is that fully factored into copper?

[rampant_bull] 10/3/2017 11:34

I wouldn't be surprised to see this finish back around 450 today

[nicksoj] 10/3/2017 11:14

What a stock. Still not in for any long. Waiting for nfp's...

[teamwork1] 10/3/2017 10:52

Is copper up?

[umitw] 10/3/2017 09:54

There is a gap down to close between 462 p to 489p on the daily chart!

[umitw] 10/3/2017 09:54

There is a gap down to close between 462 p to 489p

[umitw] 10/3/2017 09:49

Can you post the chart please Monic?

[manics] 10/3/2017 09:41

Like Shirley said; "it's all just a little bit of history repeating".

Look at 2009 on the 10 year imo.

[bigbigdave] 10/3/2017 09:40

Cat bounce dead

[rampant_bull] 10/3/2017 09:38

I'm not so confident, metals still on a short term slump.

[umitw] 10/3/2017 09:35

We expect 8-10% up today! :-)

[daveas] 10/3/2017 09:15

Should get news today on whether BHP want to break picket lines today with contract workers at the Escondida copper mine in Chile could get nasty.plus the 3rd largest mine Cerro Verde in Peru goes on strike today plus the 2nd largest mine Grassberg is still closed

[racg] 10/3/2017 09:15

Anything possible

[teamwork1] 10/3/2017 09:11

Hope we close 8% up today

[umitw] 10/3/2017 08:23

Is the sale over? :-)

[b2l] 10/3/2017 05:58

Copper hits 2-month low on Fed rise talk

Copper has fallen to a two-month low, reflecting losses across the industrial metals and other assets as markets geared up for an expected hike in US interest rates this month.

Another large build in London Metal Exchange (LME) copper stocks and news from Chile that BHP Billiton was mulling bringing in temporary workers to ease the effects of a strike at its Escondida copper mine also pressured prices.

Three-month copper on the LME closed at $US5,690, down 1.4 per cent, having earlier touched its lowest since January 10 at $US5,652.

The metal hit a 21-month high of $US6,204 in February after news of strike action at Escondida and an export stoppage at Freeport-McMoRan's Grasberg facility in Indonesia, the world's second-largest copper mine.

Copper has slipped sharply in the past week, however, as bets on a March US rate increase grew, driving up the US dollar and weighing on assets priced in the currency.

"Everyone's betting that a Fed rate rise will take place. That's what's keeping base metals prices currently very low," ABN Amro analyst Casper Burgering said. "You can see that among all the base metals, including copper, aluminium and zinc."

hxxp://www.news.com.au/finance/business/breaking-news/copper-hits-2month-low-on-fed-rise-talk/news-story/4c74c0548c70e216498f12ac2030d7f2

[teamwork1] 09/3/2017 20:32

8%drop in one day

[rampant_bull] 09/3/2017 20:02

Once the slump is over how long do you all think it will take to hit 600 again? I still think 8 by year end

[mustau] 09/3/2017 19:24

Seems like it will fall further, nothing in the kitty to add.

[rampant_bull] 09/3/2017 19:20

VED is down about 30% off recent highs. I think KAZ a little bit more to fall to catch up, 400-420?

[stoxx67] 09/3/2017 18:11

think i posted a while ago, £4 or £3.40.
still in an uptrend at both points.

lets see what happens.