Well greggsy, I'd hazard a guess that you have picked up on the longer term trend at 55cents. The technical analyists can help us here, however as I see it the sag to 55cents on limp trading is in line with the 2-5year charts. People are holding.
As we wait, it appears that Mick Davis (as a born and breed SA), knows the score better than any of us with regards to doing business there.
As our own expert contributors have stressed, in terms of the massive nature/potential for these projects and with a view to a 40 year mine life, Xstrata is moving rapidly (in relative terms).
Good timing greg and may your investment prosper.
Add to My Watchlist
What is My Watchlist?