Update 06/03/2015, page-19

Please, please may you be right, q!!

Re Cu, some are expecting 2015 to be a poor year but with recovery in 2016 onwards with a projected deficit of supply in 2018.

Any weakening of the USD will result in some strengthening of the USD price of Cu (and other commodities).

The outlook for the minerals looks comfortable and sentiment for miners producing them should improve in anticipation.

However, we will need to see the 'good moves afoot' (whatever they might be) become actions and the sooner the better. Let the torture end and the pleasure begin.