Well without giving too much away i would say 5 is the best response.
Mainly due to fundementals and OZL's balance sheet. Look at how the SP has performed amidst good news (company wise).
He also has a pretty bullish view on copper prices long term. Keep in mind he is speaking longer term (before the end of the year) but not immediately. Commodity prices have had such a good and long run, they were bound to correct.
Terry has stated that he will invest 20 mil to research and if initial results support it he will be willing to invest more which is an upside IMO.
I will ask him what I can and can't give away tomorrow, however he generally looks at the underlying fundementals of a company ignoring market panic etc.
Also, OZL has some good cash in the Kitty :)
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Well without giving too much away i would say 5 is the best...
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