re: Ann: Quarterly Report for 3 months ending... Mark,I agree...

re: Ann: Quarterly Report for 3 months ending... Mark,

I agree that there is a lot of hand wringing re the $US situation. Comments today from the RBA re fast interest rate rises is likely to make matters worse and will probably lead to dollar parity faster than expected.

The only good sign from the report is that the report mentions costs are in $US which makes them less.

On a more macro-economic level, a falling $US is likely to lead to increased demand for coppere as it becomes cheaper.