I am not so sure about copper rising too quickly. I have a suspicion we may see some pullback in the economy as the large cash stimuli/debt in the western countries gets felt in rising interest rates and inflation, a capital squeeze and higher unemployment.
Australia is pretty tied to China so we may escape.
Nevertheless I think the story for OZL is overwhelmingly positive and I am hopeful of over $1.50 by the end of the year, based on excellent PH results and more confidence in the company.
OZL Price at posting:
$11.90 Sentiment: Hold Disclosure: Held