Xstrata have actually tipped some cash in this time. They remain at 15%. Had already been deduced on here but it is nice to know. It used to be a big gripe of one of our earlier über bears (his name escapes me, think he was suspended) that the big x had never tipped any hard earned! tick that box.
Looks like there are 3 mines in the pipline now and the 40 ktpa copper operation is on track. I dare say that pb capex will be well north of usd50m though.
Looking fwd to seeing what my holding is worth when that earnings report showing ebitda of usd55m comes in! I'll hold tight until then.
Ps, rather than gripe about br, think about how many projects they would be seeing at the moment. They have allocated to us. Just sayin'
AVB Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
