RMS 1.95% $2.09 ramelius resources limited

Ann: RIU 2021 Explorers Conference presentation, page-29

  1. 39,278 Posts.
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    In the back of my mind is that there are two ways the A$GP improves .
    Apart from the USGP improving the other way is the A$ weakening .
    As I understand at the moment the biggest factor in A$ strength is the iron ore price .
    Iron ore being our biggest export with daylight second these days and it is at very high price which is forecast to drop medium term , perhaps as Brazil gets some more production into the market .
    Unless I'm missing something (very possible), a weakening of the A$ should follow a fall in iron ore price which would then improve the A$GP .

    ps. Deathstare , don't be greedy and don't you dare buy cheaper than me !
 
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