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CGtRelated to the royalty. Has anyone factored in the massive...

  1. jerryone
    41 Posts.
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    20/10/09
    09:00
    Post #: 5802729
    CGt

    Related to the royalty. Has anyone factored in the massive royalty hit we will endure because of the Exchange rate.

    Does anyone know the rate that BTA gets its royalty payments at in pounds/aust. Is it done next year when the payment is made.!!!

    The forcast is for the aust dollar to go to 1.10 US. Thats means probably 70 pence or so. Thats 30% ish loss in exchange rate royalty revenues.

    Thats a big hit.
    BTA Price at posting: $3.33 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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