just happen to disagree PB
all part of the POG/AUD scenario
ABU still is planning to be a producer - or has it given up those plans ??????
AUD up 2c since RBA Tue - not going towards the forecast 80c and even RBA now stating the current levels are "ok"
in the absence of POG moving higher the AUD is the factor that will determine revenue (EBITA) and profit (NPAT)
But hey - if you're happy with AUD at parity - good for you.................
Yes it may change overnight (doubt it) - but currently is forming a trend - just like POG and HUI are
Unless you can prove a direct correlation of AUD up- POG up .............
just happen to disagree PBall part of the POG/AUD scenarioABU...
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