Ann: 31 December Quarterly Cash Flow Report, page-30

Lollies I appreciate your view which is valued, you need to have both perspectives however I disagree that inflation will be an issue with regards to DVP.

Wage price spiral doesn't exist, this is Keynesian nonsense but let's not get into that. I believe the best place to be right now in the market is in commodities and precious metals.

As inflation rises commodities benefit tremendously. There will be knee jerk reactions to commodity prices due to inflation however if you take a 2-5 year view the copper price will keep increasing. As you have seen in the past two years Copper is on trend to hitting 15k. This will offset any rises in oil and labour etc.

A declining US dollar also benefits emerging markets such as ours. The more inflation the less investment initially in new mines which means more scarcity.

Everyone needs copper and zinc, regardless of the EV movement.

What I'm getting at is we are headed or already in a stagflationary environment and we are about to be rewarded for taking a risk in Bb's company.

That's my rant before weekend enjoy your weekend.