PLV 0.00% 1.2¢ pluton resources limited

Excellent question Ike.... rule of thumb is that wages and other...

  1. 2,356 Posts.
    Excellent question Ike.... rule of thumb is that wages and other A$ consumables is about 30-40%..... some costs are priced in A$ but are influenced by the U$....ie: fuel.

    In real terms the difference between a 10% movement in the AUD:USD exchange rate is around 3-4% in operating costs....therefore if the US$ moved against you by 10% it would cost you about 6% in profit margin....roughly.

    Conversely if the A$ dropped against the US$ there would be a like benefit...again roughly.

    If you are doing back of envelopes for the australian mining industry I have found that about 40% of costs are not influenecd by the exchange rate... all else is.

    Hope this helps,

    Regards, Tony.
 
watchlist Created with Sketch. Add PLV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.