Copper actually made fresh 5-week lows last Thursday which has largely been ignored by the likes of OZ Minerals (OZL), at this stage we’re very 50-50- on whose right and wrong at the moment. Moving forward we have to throw our hands up in the air and say were not sure, a 10% swing in either direction wouldn’t surprise hence we’re not positioned aggressively either way.
MM is neutral metals short-term
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