Not to diminish the risks but the upside here is really astounding.
My view is that the Aussie dollar will stay subdued due to the increasing yield differential with the US. I also think an extended 'trade war' will drive China to stimulate their economy with even more infrastructure spend. I think we have the tail winds in our favour as we ramp up production. Even if prices come down, as long as our costs also come down we should still have a profitable business on our hands here.
Issues with mining, capital investment requirements etc create some potential issues to counter the optimism.
On balance, feeling good here.
B2Y Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
