Wti Oil Etc Discussion Threads

[cf456] 04/1/2018 14:35

Buyers taking advantage of the dip by the looks of it.

[cf456] 03/1/2018 11:40

"The markets where technology hasn’t substantially shortened the supply cycle, and where cost are rising, (i.e. copper) have the greatest long-term upside in prices"

[cf456] 29/12/2017 07:48

"Among the biggest market stories of 2017 is the recovery in commodity prices, most notably copper."

"The greatest demand for copper is coming from manufacturing powerhouse China.
It is also being boosted by the trend towards electric cars and solar power, which require copper-charging networks."

[mattjos] 28/12/2017 17:01

.... very interesting!

[mreasygoing] 28/12/2017 16:15

That's a nice break out.

[nablus07] 28/12/2017 14:41

Mattjos did Fingers ever answer your request for a chart on WTI?

[mattjos] 28/12/2017 11:20

I mean Katumba development

[mattjos] 28/12/2017 11:17

Given the Katumba debt. am sure Orion will be letting Weatherly sell as much as the hedges allow at spot rates just now

[mreasygoing] 28/12/2017 11:02

Median analysts view of $4 for 2018/19.

[mattjos] 28/12/2017 10:51

Nothing online

[bahamasoil] 28/12/2017 08:03

$3.23/lb but point taken

[leedskier] 28/12/2017 07:12

$7,240.00 a MT this morning.

$331.65 a lb.

edit

thank you for the correction BahamasOil... my decimal point was misplaced ... ;

the 3.31 number was taken from Bloomberg.

[cf456] 27/12/2017 20:24

Copper up 14 days in a row, tying the longest streak in history. Highest level in over 3 years, up 31% in 2017.

[leedskier] 27/12/2017 19:12

China's copper imports rose 19% in November.

[mreasygoing] 27/12/2017 18:59

https://www.ft.com/content/cebd9cfc-eaf6-11e7-bd17-521324c81e23

[brian1944] 26/12/2017 13:50

hi commodity markets are open to day copper at $3.26 as i type

[dixi] 21/12/2017 23:32

£6 billion at least. Happy now?

[augustusgloop] 21/12/2017 22:40

What is fair value for a company that lost $40m last year, has a $10m negative net asset value and owes $138m ?

[leedskier] 21/12/2017 18:32

Whilst I am quite sure that long term investors here are very happy that the price of copper is back to $7000 a MT and that the proposed acquisition will add considerable value to the portfolio of assets, what we do not want is this to be ramped up and then sold off.

The share price is, in common with all commodity shares listed on Aim, trading at a fraction of its historic price,

The question is will there be, as Goldman Sach suggest, a bull market for commodities next year and especially for copper!

If there is then copper producers should do well. If not then they may continue to trade at a significant discount to fair value.

[2magpies] 21/12/2017 14:52

LOL!

Given up on PML have ya???

Ramped, Sold and Ran!

Same here then, ramper?????

[x54v] 21/12/2017 11:48

Somebody doing just that by the looks of it with 4 x 500k buys just there.

[jitters3] 21/12/2017 11:25

Good opportunity for a top up IMO

[x54v] 21/12/2017 08:28

"#WTI This weekly breakout has been a long time in the making. Price also touching the weekly 200 moving average (first time since 2013). Copper meanwhile trading about $7,000/t with nameplate production expectations for Qtr2 (announced next month)."