(1)HNC/PRC for Co/Ni concentrates, LME basis for Cu metal
(2) Falling AUD ... wonderful ... now 89.5 ... what about 75? No hedges in place that we have been told about and dont see a need for any anyway given our modest debt and its structure.
"Course u never know with our (lack of) "transparency" these days. Call the company direct for those answers.
Looks like RBA doing a bit of pro-active defending of Oz mining industry ... 'course they would NEVER intervene in financial markets would they? ...(but might have to nationalise the XBA down the line).
IMBOOC
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
