???
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 ? http://hotcopper.com.au/threads/aussie-battlers-lining-chinese-pockets-over.2420940/#post-14432667
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Spoke about debt and cost of debt
iron ore vs usd
WAIT i get it.
Did not ask about how SDL worked their figures ?
Please dont mis quote people. it not good and can be mis leading.
Again do your own research and not follow each other like sheep.
SDL Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
