FOREX Risk and upcomming CR., page-4

Exchange rate risk is a very good point and not to be underestimated.

I follow the USD/AUD exchange rate everyday. It is an important part of my daily business dealings with US based companies.

As EdenCrete sales increase significantly over the next 6-12 months, EDE should do very well indeed, due to the fact that the USD is likely to remain strong over the next few years. If not, EDE will definitely have to start hedging their exchange rate risk.

As an Aussie living in Germany, everytime I buy or sell significant amounts of Aussie shares, the EUR/AUD exchange is a significant factor. At the moment I am buyer of Aussie shares, so the weak AUD has been a godsend.