olympian - thoughts, page-49

re: lets bake the cake first and not forget about U r right Gamias. Oxides seem ho hum now. Still got Dec 15 ahead of us tho so lets not jump the gun. Leave that for Dec 16 haha (he says whilst slaughtering a ram)

CMR base case originally had Cu at 1.10 and AUD at 0.70 as well as allowance for higher opex cos of diesel use. Can see in April AGM slide presentation.

Instead we now have Cu at 2.00 +, AUD at around 0.745 and likelihood of direct power supply from Darwin to keep power costs in check.

Co and Ni prices also remain above base case.

If these numbers dont "deteriorate" thru next year, we will be humming "dum diddy dum diddy dum diddy dum di da BONANZA ..... " for oxides bread and butter start and I might have to up the ante on base oxides target price.

And even if they do in AUD we still should be earning 50+ cps net.

I love Huntleys closing statement tho ........ U might be worth more than oxides. 'Course it will haha ..... IMBOOC.