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04/02/15
21:14
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there are 2-3 more cuts from RBA in this year, making cash rate around 1.5%-2%.
one cut = $11m more EBIT for ARI.
today we see most junior IO miners up thanks to the rate cut yesterday.
Holding MGX not ARI, but I am looking at a good entry to catch the up trend & filing of the gap
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