Also read that this expansion of olympic dam could take 5 years until first product shipped, and that BHP is waiting to see how the global market unfolds before giving the go ahead for such a massive expansion.
Regardless, I feel like cracking open a beer... OZL at 78 cents, great stuff compared to a few weeks ago. Who knows, we may crack the previous bid price next week of 83c
Although a long road to anywhere near it's pre-GFC trading range, it's still good to see it moving. My av buy is a long way off at $1.83 but would have been mid threes if didn't average down.
Congrats to those who did not get spooked by the negative hype and sell out in the 60' 50' or 40's and to those who averaged down. Treat yourself to a nice coldy I say.. Of course things could take a turn for the worse but for now, things are looking alright IMO, esp with Cu and Zn
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