BOE 2.77% $2.81 boss energy ltd

Ann: BOSS RAISES $4.3M TO FUND ACQUISITION OF HONEYMOON MINE, page-12

  1. 5,336 Posts.
    lightbulb Created with Sketch. 66
    the AUD component is the one that stays constant LJ as that's the base currency of operating within Australia, so with depreciating AUD and revenue in USD from U sales, it is a positive for the operations, see table;

    $opex/lb
    Column 1 Column 2 Column 3
    1 USD/AUD USD AUD
    2 1   $49.00   $49.00
    3 0.72   $35.28   $49.00
    other lens you can put on it is revenue implications of depreciating AUD

    $revenue/lb
    Column 1 Column 2 Column 3
    1 USD/AUD USD AUD
    2 1 $38.00   $38.00
    3 0.72 $38.00   $52.78
    Showing that forex moves alone in the last 2-3 years should have the economics of honeymoon back to cashflow positive
    Last edited by redsceptre: 21/10/15
 
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