Even if the US$ increases in value, which would affect Base...

Even if the US$ increases in value, which would affect Base metal prices, the most important factor is DEMAND.

DEMAND from China and other emerging nations will continue to be strong, subsequently keeping Base metal prices at levels where companies can still be profitable.

Being cashed up (like OZL) is a huge bonus, in that they can take advantage of this bear market and BUY a company which has been oversold.....plenty to choose from.