why price at low 50s, page-5

My thoughts on this are as follows:

ZFX is probably going down today a bit, on the back of a two day slide in the zinc price, brought on by some analyst saying that zinc will turn the corner in terms of deficit next year...hah....how many years have they been saying that for. ZFX has been buoyed also by the smelter demerger and an upcoming 70c dividend.

BHP up off the back of a very bullish statement by the outgoing CEO as regards future prospects, and ongoing increasing demand from Asia + crude oil prices are pretty good at present.

RIO...raised that $40b in a heartbeat

CBH...no dividend may have disappointed some; zinc prices down the past few days (see above); profit may have disappointed some (though $60m cash flow impressed me). Some may also see that CBH is in that development phase with Panorama etc??

Good opportunity to accumulate in my view, if you believe in the commodities staying higher for longer.