Be interesting to know which gold stocks you hold - @Pretzel7?
Very affirming that you own Beacon.
Yes the low AUD is excellent for exporters - very high priced returns. On balance these are fantastic seasons when there is confluence between good commodity’s price & an historically low Aust dollar.
What goes round comes round although then wrt to overseas origin capital equipment, vehicles, parts & fuel etc. Which also must be budgeted for in essential expenses and purchases.
In general I think that you can do so much more, (while containing costs to best of ability always), when prices are high and you are making a lot of money.
High yields and actual profit returns, and fantastic year revenue trump the higher priced inputs and costs which you can pay when the money coming in is so much higher.
BCN is still paying a dividend ? Thankyou.
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