AUD/USD at 0.76. The positive FEX trend (stronger USD) will favourably impact on Baldhill's earnings.
So we have 2 kickers now - higher lithium grade and positive FEX. I hope the management will use the opportunity to hedge forward (perhaps for 6 months rolling period) USD rate for future shipments.
Ann: Bald Hill Lithium Haulage Commences, page-64
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