6.50 valuation, page-8

I only have two big concerns and they are only short term for mine

(1) broader market fall in a "third" after uninterrupted "second" mega-rally from Oct 12, 2002 - abruptly ends .....if it happens it will be soon IMO and 30+ % in first instance over weeks ....... the rest doesnt matter cos CMR can and prob will move AGAINST a falling market after the initial move, ONCE production / earnings start;

(2) a more active cyclonic season (expected by the Met boys) catching us unprepared and causing further delays to Oxides start;

In any case I emphasize my expectation would only be temporary and only from point of view when to restock/buy, cos yeah agree, looking beyond 6 - 12 months and assuming no more BS, we will be in CMR's third primary upwave in any kinda ORDERLY market backdrop even if much weaker than now.

All assumes an ORDERLY market, even if its falling, cos thats the nature of ARKs, popular champions which stand out like a beacon in the storm whilst lessor shipworthy boats get dashed on the rocks.

L/T assuming the financial world remains as we know it and the East continues to grow its middle class irrespective of what the West does, CMR remains an outstanding investment for mine .... cant see better.

Technos are at a major pivot and might retest 330 for poss triple bottom S/T. If that dont hold I will be looking for a haul of suicidal lemmings well below. Needs to leave the 4th marker buoy with confirmation thru the primary D/T line (520+?) to instil any S/T confidence in me tho.

I assume the boys have finally got it RIGHT re the project management cos there is no room left for further error. Stamp durty resolution also remains a pain in the butt but that wont impede the major project evolution. Remember Oxides is just the entree and actually sets up the infrastructure for the big ones ahead. And drill results pending are likely to show significant resources upgrades if the grins at the Bachelor pub are anything to go by haha.

And lest we forget, LEAD is now at 1.70 and that ALONE would justify the sulphides evolution ... HNC would be peeing in their pants for their good fortune ! ........ HOTS YOU ARE A GENIUS !!!!!!!!!

My astrologer's call from 4 years ago re 2009+ being the wealth creation year is looking right on the money for mine, cos thats when I reckon we will finally grab the Grail but in the early stages of the "third", not the "first" as I was previously getting excited about before Murphy stepped in.

Just keep slaughtering those rams in praise of Zeus to keep the thunderbolts away from our direction in the coming wet.

IMBOOC