APC 0.00% 0.1¢ australian potash limited

Ann: Definitive Feasibility Study Presentation, page-29

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  1. 7,080 Posts.
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    I’m a simple sod and reckon the workers want to be paid in A$, the truckers want $A, the office staff want A$, the government want $A etc. Nobody gets a pay rise when the exchange rate moves.
    I reckon the primary currency for costs for an Aussie project is $A.
    The value in using $US dollars is with the global cost curve but the use of different exchange rates by the peer companies means that comparisons can only be made in $A on costs, IMO.

 
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