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0.00% 31.0¢ tawana resources nl

AUD/USD at 0.76. The positive FEX trend (stronger USD) will...

  1. ptan
    274 Posts.
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    25/04/18
    19:30
    Post #: 32678827
    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.
    TAW Price at posting: 41.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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