Thanks Gaynors. I think Citi have altered their position to come to a similar view but none of the major research houses is as bullish as Goldman Sachs.
I know their previous head of commodities research lost his job when the major hedge funds lost money on GS's bullish call being too early.
However RXM's Chairman Ian Smith asked his company secretary to send me a copy of GS's morning brief that showed much the same, when I rang and Peter Bird was yet to get back from the Euroz Hartleys conference on Rotthest on 14 March. It was when Cu was just taking off on this leg.
I think it's a fair postion for RXM to take letting us hear and smell the sizzle. Whether the steak is to be delivered, to us or some other customer first is the problem I have at every restaurant. I think it would be fair to say I'm salivating. Whethe vwe're starving or not I try not to think about it.
All IMVHO
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