The copper price is an interesting one. My gut reaction is well...

The copper price is an interesting one. My gut reaction is well is simply a reflection of the US falling and it's measured in USD.
For that purpose I'm happy enough the metal price and currency parameters in the PFS will now look approximately right. Big Tick.

What does my head in is if the USD is falling and the Yuan is rising but no- one expects inflation for a few years.:
1) should the Cu price really be rising in AUD
2) what's the Chinese smelter's play (with Chinese gov't. underpinnings).

I know the Chinese want to trade in Yuan or anything but USD but are they using commodities to get there.
They certainly are in Oil and did really well, to build their strategic oil stores when it tanked (pun intended), earlier in the year.

There's bigger currents out there than seen on the surface.

Good thing the yellow metal's in there as well.