The information I received from a paid a subscription was 3.6c...or what I called nearly 4c...
Copper went up 17cUS but only 5cAU...this is my point and IMO qualifies my statement of "effectively wiping out the gains in real terms". How you interpret this is up to you.
The POC in $US is misleading as currencies bounce around.
But you know this..
CDU will be running their operations in $AU because that is where they will operate and thats what counts...but you also know this.
You can nit pick all day long but the main message remains the same...the price of copper USD is irrelevant.
You say copper is trending up...sure it has for 2 months but trended down for 6 months and slightly up on 12 months or nearly no change from 2008 but massively up from 2009 but then charts can be interpreted in any way that fits you.
We may just have to agree to disagree on this one.
Is my spelling OK??
The information I received from a paid a subscription was...
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