getting slaughtered, page-4

http://blogs.ft.com/beyond-brics/2010/06/30/local-ban-on-open-pit-mining-puts-xtratas-tampakan-mining-project-on-hold/

Could be weighing on sentiment and giving someone the jitters... although it only affects the island of Mindalao, and was enacted by the local governor on his last day on the job - the ban will most likely be reversed.

Sitting on the rising 200dma now, potential reversal point... otherwise might need to look at around $3.50 for a reversal in trend.

Still expecting about 31c ps earnings for the half year. C

Trading in London has been exceptionally positive despite the bad lead from the Ozzies, over twice the trading volume and trading at $4.14 equivalent.