Unfortunately, the Ox (is sit still called that?) is still very much subject to extremely negative sentiment, so it's unlikely we can benefit from the much improved market today. Zinc off again, nothing positive out of Friday's meeting (except Bazza reckons we are not a zinc company) and the long term downtrend will be worked relentlessly by the shorters until it is obvious there is a clear turnaround. On top of that, tomorrow is production report day and it could contain disappointments, given the GG/WA power problems. Could we see $1.70 before this is over? At least the end of the slide must be close - it can't go much further! Who would have thought??
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OXR
oxiana limited
not going any where, page-2
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