Hi Sanddune, I see the viability of the ZA projects as improving, and think the strength of the Aussie dollar contributes to that viability.
This is because the ZA currency (where the projects [and local costs] are) is one of the few currencies declining against the USD. I think monetary growth in ZA is around 16%.
The AUD strength contributes, as that is where the company is listed, and will be raising (part) of it's capital to fund the projects.
What do you think?
back to the dog kennel, page-29
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