however finished strongly (mind you on a Friday arvo) at 2.4c...
CFR would have opened up higher today, if it wasn't for the banking debacle in the US on Friday night.
Now that the FED has come to the party and hence the reason for the futures being up well over 100pts, we should a couple of green days ahead and hence a higher CFR.
If CFR hits 2.6c again (resistance) and holds, watch out, it will be game on and know that we are on the verge of big news.
Grades will most likely be in 55-65% range (huge), as opposed to NSL's of 35-40% - hence the reason NSL got sold down today, along with the 5c capital raising.
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