imho our shorters supporting blockers must feel a little distraught after yesterdays efforts….they could only manage dropping our SP a whole 1/2 a cent…..a lol joke really…..a delight to watch TWO playing the HFT game….nothing like a bit of balance eh!!
Lets see what you can do today boys….with your remaining churn
Again we have the DOW up nicely at around 90 points
We have most of Europe up over a lovely 1%
Shanghai had been up over .4%
Our Futures indicate an Australian market up day of around 27 points
And again the standout is the price of copper!! up approx 3 cents/Lb now to US $3.25 /LB…thanks to woefully low warehouse stock levels…..and lets not forget CDU's quote from their last announcement 2 weeks back:
'"Within the next 2 weeks the Company also expects to reach a significant milestone, surpassing 1 million tonnes of ore mined from the pit AND DELIVERED TO THE LONG-TERM STOCKPILES." not to mention ….. "….significant quantities of this high-grade primary ore, with the view to achieving first sales of primary DSO ore."
I am hoping for an announcement to mark the above milestone…..hint hint WM…lol
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