Westmetall data shows LME stock at 57,825 This is now below the previous lowest figure on their site of 58,100 (16 October 2007) An interesting milestone. Given current prices are around 1.30 and aud is around 72c (Prospectus figures 1.25 and 75c) This roughly 4% -8%advantage means we are hitting the right numbers with around 58% recovery.(instead of 63%) As an Electrician who does instrumentation myself.....hearing in the interview about the importance they emphasised on getting the right electrical instrumentation people involved gave me great confidence they will achieve 63% anyway Very impressed by this company
NCZ Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held