Sentiment and the aluminium price has been on free fall eg. Fell 260 in the last few days. Aluminium rose last night but investers seem to be stearing clear of alum players as they are extremely cyclic. It looked like alumina would stablize around 1.65 but then the Europeans spooky the party. Metals and energy go through cycles, and we have had spikes and interest in gas, coal, copper and iron. Last alum spike was nov 09 so it will swing very soon because it seems to happen every 6 months. I reckon we are close to the rise and rise of alum. Because it is so hard to make the must be shortages soon as demand is still needed. It's very close to bottoming. It will be worth the hold.
Brownie
AWC Price at posting:
$1.56 Sentiment: Buy Disclosure: Held
