tindale, page-54

I was responding to your comments on gold I would never veer of topic. The gold price rise in USD terms in very pertinent to RAU because FNQ is barely high enough grade to mine, you have to use low grade mining tech , if the price of gold doesnt rise in AUD terms it has a big impact on the viability of FNQ. What is little understood by the market is that in a USD crash scenarios AUD might be the safehaven of the day, just read the papoers, look and listen to the sentiment, we are recession champions of the world apparently :)

Gold at 1500 is not much use if AUD is at 1.20. Its a viable scenario everyone needs to consider especially RAU investors.