Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

Hopefully looking at a copper acquisition. If they spend a couple of million on a good copper acquisition with some proven resource, it will still leave enough money for exploration and will give a boost to the SP. BHP wouldn't want to spend 60 billion on Anglo American if they didn't believe in copper. In the BHP announcement they clearly say they made the bid for Anglo Americans copper assets. Look at where former AUT now Firefly ( ADVs neighbour) is after buying in to a copper deposit and abondoning mining ideas at pickel crow.