possible retreat happening, page-6

Sandune,


there's a few things that worry me about expecting BHP to fall too far.

(1) If it falls I think it will only be a short term thing, resuming it's climb on the back of rapidly increasing earnings

(2) When I look at Kitco site metal prices are up again..copper is over $US1.40/lb nudging $US1.41/lb. Aluminium is on the move again too.

I posted the following key sensitivities before: -

Approximate impact on FY05 net profit after tax
of changes of:
(US$M) Approximate
US$1/t on iron ore price 60
US$1/bbl on oil price 40
US$1/t on metallurgical coal price 25
USc1/lb on aluminium price 20
USc1/lb on copper price 15
US$1/t on energy coal price 20
USc1/lb on nickel price 1


http://www.kitcometals.com/charts/

SPOT MARKET IS OPEN
closes in 44 hrs. 18 mins.
change since 19:00 London Time
Price: US$/lb


Copper ¬ Sep 29, 22:33
Bid/Ask 1.4093 - 1.4115
Change +0.0045 +0.32%
Low/High 1.4047 - 1.4251
Charts

Nickel ¬ Sep 29, 22:25
Bid/Ask 6.7956 - 6.8523
Change 0.0000 0.00%
Low/High 6.6936 - 6.9208
Charts

Aluminum ¬ Sep 29, 22:31
Bid/Ask 0.8214 - 0.8227
Change +0.0032 +0.39%
Low/High 0.8159 - 0.8232
Charts

Zinc ¬ Sep 29, 22:03
Bid/Ask 0.4734 - 0.4757
Change +0.0009 +0.19%
Low/High 0.4716 - 0.4757
Charts

Lead ¬ Sep 29, 14:08
Bid/Ask 0.4360 - 0.4383
Change 0.0000 0.00%
Low/High 0.4360 - 0.4383