Yes I agree, attenuation I have 2 Tonne boxed away in SG as a hedge but the attenuation for deterioration is a concern and affects pricing pp, at first it was a hedge against a falling AUD for a CF carry, but as in an equities play, I only hope BHP can pull off Anglo. I know FMG are drilling for it but what they find who knows.
Let me know if you come across anything note worthy.
Thanks
RDD
Hermosa the monster, page-87
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