thanks for that - and, to me - at this particular time in history - it makes complete sense and may well be a textbook case -- why?
because the Aussie is about to get hit over the head and will most likely last for several years --
I can easily see gold in Aussie being over 2k by end of this year.
Of this move I have almost no doubt - timing might be off, but, it certainly looks like it will move south (sending the Oz POG north).
the unknowns of course are the big big big black swans that might land for global economics in the next years - right in the guts of when BRB will more than likely be operational (unless we are brought out) -
this is something that will just have to be managed as and before it comes up
enter forward selling - which, management wise I have always considered to be more of an art than a science.
Get it right (which depends on how things work out of your control) - and, your investors are rich and you are a hero. Get it wrong - and you can see directors hanging from light posts.
Get it in the middle and all shareholders bitch
So glad I am not the one to decide those matters
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