If we need to wait for the AUD to be at .80c we are in trouble because that isn't gunna happen any time soon IMHO. Whilst in the short term I see edging toward $1.08 +/- , medium term possibly high .90's but I just can't see .80. The US hasn't even started on the inflation path yet & that's like night follows day after all the money printing in the last couple of years.
Still sub 2cent RMG might prove to be a bargain later this year if all goes to plan (& at least I believe there is a plan now).
RMG Price at posting:
1.7¢ Sentiment: ST Buy Disclosure: Held
