SAR 0.00% $4.69 saracen mineral holdings limited

Ann: Presentation to ASX Spotlight Conference - H, page-23

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    re: Ann: Presentation to ASX Spotlight Confer... UTS

    The slide in the Aussie

    Down 5% in a week
    and heading down
    It is RBA policy to the Aussie down
    and Resource prices are unsustanable
    at present prices so The slide is on

    The hedge is loosing value and ounces are gaining in value


    If the focas was on lifting Production we would be a lot better off

    I agree in cutting costs in Exploration for now
    and even the prep work at Whirling Dervish

    but get a bigger plant up and running ASAP

 
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