Ferdie,
Copper broke through the "psychological" US$8,000 spot mark (as well as three-month forward price) this week to rise to a five month high, and the prospect of infrastructure projects in China and the announced QE3 stimulus in the US could help sustain that upward trend.
Global copper inventories also apparently stand at their lowest level in several years.
Let's hope this trend continues for the next few months, as this may give Uncle Bob and Chris more negotiating muscle during the Kalkaroo sale.
Cheers
Ann: Kalkaroo Project Drilling Update , page-6
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