AVQ 1.03% 9.8¢ axiom mining limited

Independent Report

  1. 2,333 Posts.
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    Just a piece to share from a well respected independent research house.

    "The big miners, private equity and deal makers are all starting to position themselves for the turnaround in copper, aluminium and nickel prices and the looming supply deficit."
    In its outlook for the 2015 commodity markets, Mr Driscoll said CLSA had a preference for base metals, such as copper, aluminium and nickle, over bulk commodities, such as iron ore and coal.
    "This is because base metals tend to be more mid and late cycle. They go into things like appliances and white goods, and will benefit from the ongoing rising consumer spending in China, and should see good growth through the 2020s."

    Including the L.O.I for hundreds of thousand electric cars in the production pipe line where each car will consume 100kgs of Cu and 20-30 kgs of Stainless steel and Aluminium.

    Cant wait for the appeal to be done and dusted.
    cheers M
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