AF and his mates are the keys to our success, page-15

I see a lot of people pinning their hope on Andrew Forrest pulling something out of his hat for POS. I reckon its worth a bit of a reality check here. The man is a billionaire and has put 5-7 million into this company. I'm sure he would rather make money than lose it here, but no doubt he has a portfolio of other assets he is watching more closely. I would suggest that this investment may be in the bottom draw and he doesn't check it nearly as often as you hope. Might be time to take a breath.

Banks Commentary
Base metals were mixed, as the market struggled to form a consensus on the outlook. Copper found some support after the People’s Bank of China signalled more support for the economy. Governor Yi Gang said the bank would reduce real lending rates and boost credit to encourage growth. This saw copper prices rally in the night session on the Shanghai Futures Exchange. This flowed into the LME, with the 3m contract rallying strongly. However, it didn’t spread to the rest of the sector, with nickel and aluminium ending the session lower. A recent influx of nickel into LME warehouses has eased supply concerns. Stockpiles are up almost half from a 12-year low in late October. Inventories on the SFE have risen for the seventh straight week to a six-month high.