he aint the only one that's tossing it in, page-28

what a load of baloney re: gold stocks with gold in Aus

contrarian thinking would have you consider:

Costs fixed in USD
POG in USD

for overseas operations

If costs go up, especially start up when AUD has to be converted into USD to establish mine, and POG goes down then margins get squeezed. Entirely possible scenario.

however if in Australia margins will actually increase.

super profits tax is not going to get a jersey.

GC