My platform has CLR @ $54.8m after today's action. Yes, $20m in...

My platform has CLR @ $54.8m after today's action.

Yes, $20m in the bank, and $7m expected to be spent this Quarter, so they're well cashed up.

The market is perhaps being short-termist re capex. CLR has said $800m for underground and $1b for open pit. I reckon in 10 years time, that is going to look like chicken feed, because costs would have to rise over time.

AQA is being smashed, too. Meanwhile, investment bankers, who ave been through many cycles, are probably licking their lips at these prices.