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Aussie battlers lining Chinese pockets over !, page-10

  1. klob25
    1,404 Posts.
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    09/12/14
    13:42
    Post #: 14432667
    ???
    the debt for aussie companies is in AUD

    FMG, AGO and MGX

    ... this company if it ever gets funding may be in USD ?

    Are you saying we neg the deal in AUD, then this has to swap over to USD ?

    Then we are getting paid AUD per ton and then swapping this to USD per ton

    OMG -

    I think the debt is in USD, the iron ore is in USD

    The profit is in AUD .....hence AUD down is good ?

    Am i missing something mate ?
    SDL Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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