Flats statement is pointing in the same direction.Would be most...

Flats statement is pointing in the same direction.

Would be most surprised if any serious Anvil holder was perturbed - even a little perturbed - with present move in copper price, which will no doubt be seen as one of many minor hiccups in a longer term bull run.

One almost incredible aspect too is that the Aussie dollar tends to compensate for swings in mineral prices.
Lower metal prices trends the value of the AU$ downwards.
Meaning in Australian terms the income from mining has a naturally ocurring "hedge".
To some extent.

The recent bull run in metals, which will no doubt continue with the occasional minor hiccup, has actually outpaced the appreciation of the Australian dollar.
An unusual but welcome bonus.

All this provides more reason to justify holding Anvil long term.

Cheers,

NT