decided to in today at 70.5was holding out for 65, but,,a lot to...

decided to in today at 70.5

was holding out for 65, but,,a lot to like.

The big sell off is done, and the downside is to 65.

cant see it being sold any lower, the rights price at 60.

Gearing reduced to 5%, next to no debt,,, that will put them into their own destiny, unlike OZL was forced into.

Its a big retrace from 1.50,

would have to think the support is well at/above 60c rights price,

Risk of it rebounding higher, buyers/sellers equalising, turning point.

One of few exposures to base metals atm for me,

cheers