Arguably deserves the shellacking it's copping on the downgrade. This really needs a sustainably higher copper price to offset its relatively high cost status. When copper (& possibly gold) rate higher this will do very well. Until then, I'm expecting a lot of chop. A way underwater on this but suspect it's time to shine is still to come
Ann: APPENDIX 4D AND HALF-YEAR REPORT, page-24
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