As I’ve said before - the joy of being a miner like Aurelia where it’s polymetallic orebodies is diversity of earnings… ie those exposed to global economic growth like the industrial metals mined (Copper, Zinc and Lead) as well as those precious metals exposed to the debasement of fiat money (gold, silver). You then have key input costs factors like the AUD & oil/energy… a lot of these commodities and FX rates are negatively correlated meaning you have a natural hedge. Going then to fix one item is really the opposite of hedging if ur not fixing the others.
Debasement of fiat drives inflation higher and gold higher. They’ve fixed the revenue (gold price) but not the cost (fully exposed to inflation). It’s really quite stupid imo.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)