Taurus says...
“People in the copper industry will still regard $US2.50 (per pound) as an ordinary copper price with a lot of upside,” he said. “An investor may not see it that way but the board of the copper company will see it that way. They will have a better feel of the market.”
“We’re still looking for some (coking) coal assets, we’re still looking for gold, we’re still looking for copper,” he said.
http://www.theaustralian.com.au/bus...t/news-story/4dafaf2cd0c6ac84b44f4bbe9b237595
Guessing the 2017 guidance, page-62
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