ALK 1.89% 54.0¢ alkane resources limited

Technically speaking, page-5

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    Yeah a few green shoots perhaps at the start of the new financial year. I scooped up a few more at 20 from tax loss sellers yesterday afternoon.

    One of the interesting things after the Brexit has been the performance of industrial commodities. Copper is up strongly despite a strengthening US dollar. Conventional wisdom was that the industrial metals would get hit down again if the US dollar surged. More stimulus expected I guess resulting in a 'risk-on' rally in global markets.

    I make this point since the rare earths will in large part follow the trend of the broader industrial metals complex.
 
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