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8,034 Posts.
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15/05/13
12:09
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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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