the fin review on 22 January stated that with the rise of the aussie dollar it had reduced sgw's hedging losses by more than $150 million.
the wa newspaper reported on the same day that a macquarie bank analyst 'expected a marked improvement in sgw's share price due to increase demand for tantalum and reduced market inventories.'
with virtually all golds going up but sgw marking time perhaps now may be the time for sgw to outperform particularly with the aussie dollar looking to head above 60 cents soon.
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sgw vs gold bull market, page-5
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