Agree iceman, I am rapt they have come out and admitted they...

Agree iceman, I am rapt they have come out and admitted they need more cash... to many cash flow rumors were floating round for it not to be true

you only need to look at manufacturing figures, commodity prices, chinese and indian steel production number, etc to realise the scrap metal industry as a whole is very much on the up now. With CMA cashed up I cant see any excuses for a good FY10 number being produced, more so a strong second half number than whats left of 09'

if they break through 70c iceman then i think all of us who bought in at 8,9,10,11c (as i know a couple of investors on hot copper have mentioned... including myself) then we'll be heading away on a nice holiday! ;)