PNA
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  1. stumacca
    956 Posts.
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    28/07/09
    09:27
    Post #: 5437387
    Gidday Tiger,

    The optimist in me says LME Stock has been falling for 135 days and rising for 12.

    If stock levels were at June 05 levels, I reckon the price would quickly rise enough for the higher production cost miners to get back on line.

    We could always take a punt and hedge 100% @ 250. {:-)

    We're OK atm.

    Stu

    PNA Price at posting: $1.93 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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