I will be back,on fly !!, page-36

There is support at 14c that without negative company news will be difficult to break through. The pog will need to keep going lower to a little way under 1200 for that 14c to be brocken but every goldie would be bleeding heavily and a company like slr would be hit very hard. At least sbm has the reserves and the hedging till next year (not forgetting the debt but that alone will also not be a huge problem till a way down the track. Our dollar coming down is the only way I see of breaking this direction we are heading in and the reserve bank should cut interest rates to help lower the dollar imo.