???
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 ?
