Hi Sanddune, I see the viability of the ZA projects as improving, and think the strength of the Aussie dollar contributes to that viability.
This is because the ZA currency (where the projects [and local costs] are) is one of the few currencies declining against the USD. I think monetary growth in ZA is around 16%.
The AUD strength contributes, as that is where the company is listed, and will be raising (part) of it's capital to fund the projects.
What do you think?
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