copper stock, page-26

ozblue,

The improving American economy with the best unemployment figures for five years is a sign that things are getting better there and this has implications for a strengthening of the American dollar and a lower Australian dollar.

The recent copper price in Australian dollar terms reflects the falling Australian dollar value to the American dollar on which copper sales are based.

What would be ideal for CuDeco is a high American dollar against a lower Australian dollar coupled with higher copper prices when CuDeco starts selling its direct shipping ore and native copper.