Within 6 months I'd expect the AUD to be at .74c (that's my estimate, and each to their own here), yes this is inverse to what we want BUT the fact remains that the extrapolation recently of USD to M2 money supply will outweigh any AUD effects, probably two-fold. The other beauty here is that the tenement is 100% Australian owned, therefore there are no outside sovereign risks, I have seen this in many African nations lately, Indonesia also, in my opinion Brazil and Mexico will be next - it is a given. We also have an open currency swap line with the US, this means that we are less at risk against short term currency liquidity issues; Covid-19 has been a blessing in disguise for currency markets - who knows how it would have ended up with complete $ shortage disarray? Enough ramblings from me, we have a great opportunity here in Australia to become a primary producer of many commodities which will always and forever will be much needed.
NL.
- Forums
- ASX - By Stock
- Ann: Copper Hill East RC Drilling Planned to Commence July 2020
Within 6 months I'd expect the AUD to be at .74c (that's my...
Featured News
Add GRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.743M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $8.004K | 500.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 889086 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 1011051 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 889086 | 0.015 |
3 | 330000 | 0.014 |
3 | 479615 | 0.013 |
3 | 552333 | 0.012 |
3 | 307725 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 1011051 | 1 |
0.017 | 693359 | 3 |
0.018 | 363248 | 3 |
0.019 | 150000 | 1 |
0.020 | 383333 | 3 |
Last trade - 13.37pm 15/11/2024 (20 minute delay) ? |
Featured News
GRL (ASX) Chart |
The Watchlist
BTH
BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
Previous Video
Next Video
SPONSORED BY The Market Online