- TRQ's financial and operational progress during FY 2020 was impressive.
- The stock represents a long-term growth candidate capable of leveraging from an increase in future demand of copper.
- However, Oyu Tolgoi underground development has entered a key phase, and I assume the intervening period from present day till the achievement of first sustainable production, is important.
- I've highlighted the risk indicators that need to be factored in before considering an investment case in TRQ.
- Nonetheless, the prevailing prices provide swing-trading opportunities.
For further details see:
Turquoise Hill: Things To Consider Before Jumping On The Bandwagon