Big Jump in US 10 Year yields this week is going to keep the $A under pressure which is good news for Hillgrove. US 10 Years now at 3.2% vs AU Yield of 2.7%. As this gap continues to widen the Aussie $ is very likely to fall further, pushing up the AUD copper price even further. Yesterday AUD copper got back to $4 / pound which is great news for HGO.
copper price, page-44
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