what will it take to get back to $1, $2, $3 ?, page-12

"In Australian $ 1375 but no one CARES ..? our dollar going down ..is good news ..SOONER or LATER it will CHANGE "

Yes, the AUD going down is great, but what if the POG goes down as well? ... people seem to forget that.

In the last quarterly, all in costs were US$1342, for Jun 13 all in costs were US$1405.

Lets say in this quarter all in costs are ~US$1300.

Lets now convert the all in costs:

I'm going to be generous here and use AUD95c.

US$1404/0.95 = AUD$1478 (Jun Q 13)
US$1342/0.95 = AUD$1413 (Sep Q 13)
US$1300/0.95 = AUD$1368 (Dec Q 13)

Lets now convert POG (mid-point) roughly:

Jun Q 13 (High = US$1587, Low = US$1180) = US$1383/0.95 = AUD$1456
Sep Q 13 (High = US$1433, Low = US$1225) = US$1329/0.95 = AUD$1399
Dec Q 13 so far (High = US$1361, Low = US$1211) = US$1286/0.95 = AUD$1354

Jun Q 13 = AUD$1478 - AUD$1456 = (AUD$22)
Sep Q 13 = AUD$1413 - AUD$1399 = (AUD$14)
Dec Q 13 = AUD$1368 - AUD$1354 = AUD$14

These are rough figures and using a constant AUD$0.95c, but you get the idea. They also have hedging in place but the main concern is operations currently.