I don't know if that is necessarily a Fat Prophets problem or just more of a general market sentiment towards base metals and gold miners problem.
The sentiment for Australian based miners has been rubbish for the last 6-12 months despite AUD gold prices holding up OK and AUD Cu prices going down but are still ok. Even the large multi-site miners like EVN have had their share price punished recently (probably because EVN has a large exposure to Cu in Ernest Henry now). AMI and AIS have been punished, and we have see a succession of small underground miners go under, in base metals and in gold (RED, OBM, NML, G1A, RVR, GCY etc etc). SO I think there is some labour cost pressures, contractor inflation, and other consumables inflation (price of diesel, materials and gas) that is at work here.
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