The high Oz dollar doesn't have much impact on JBM, 60% of their production costs are in $USD, nickel has been rising in Oz dollar terms, and their debt is denominated in $USD.
A lot of resource stocks have gone off the boil, I'm taking the opportunity to accumulate some more. It doesn't take a rocket scientist to figure out that JBM is going to have a record half yearly profit.
JBM
jubilee mines nl
