Recently, I have noted a couple of overseas M&A activities concerning copper. It sets me off that Aus copper producers are undervalued - which is a function of current poor market sentiments.
With Wayne now making noises about sovereign funds investment or national interest - would be investors would give Aus a miss - because there are other fishes to fry. It is better to give your money where it is well come. In addition, I suspect Aus operating costs would be much higher than those countries.
By the way, I like dryblower - he does not ramp or provide overly optimistic views...I find his style is more measured and thoughtful..
