cdu shorting activity, page-167

max

"The Australian dollar is helping us with our selling our copper to China also. The lower it goes the better our exchange rate."


Can you point me in the direction of any announcement that confirms what you say? I thought there was some debate about what exactly the the offtakes entailed...you know..linked to the lme etc etc..is it linked to the aussie??

...do you know that a lower dollar helps as it tends to to most exporters?...just curious.

xx