Once the purchase transaction of Mallee Bull is complete it may be a really good time for Peel to float the project off as i suggested in a post yesterday. Given the current price resurgence in copper the market i have no doubt that demand for such a float would be high.
A really good article on whats driving the copper price.
https://www.mining.com/web/perfect-storm-in-scrap-is-coppers-hidden-bull-driver/
Copper market
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Last
31.0¢ |
Change
0.010(3.33%) |
Mkt cap ! $105.9M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.0¢ | 30.0¢ | $42.07K | 138.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27785 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 1764 | 1 |
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| Last trade - 15.59pm 01/03/2021 (20 minute delay) ? |
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Last
31.0¢ |
Change
0.010 ( 5.08 %) |
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| Open | High | Low | Volume | ||
| 29.0¢ | 31.0¢ | 29.0¢ | 25728 | ||
| Last updated 15.59pm 01/03/2021 (live) ? | |||||
| PEX (ASX) Chart |