Cyclones happen every year at the same time of the year in that part of the world. They are usually stopped by the mountains near the coast and dissipate over the mountains or shortly after the mountains.
Last year's cyclone which caused a bit of delay in drying was an outlier.
Also suggest checking the heatwave pushing from the west and south towards Mt Isa at the moment.
An investor cannot hold the breath every time there is a cyclone in the tropics otherwise they will be quickly out of breath.
CXM Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
