As the American Fed injects more dollars into the global economy the $ will drop and ours rise.
Gold will rise in value but may I suggest the value rise will be in USD not in the AUD.
I take then that you are saying that mining equipment can be sourced off shore much cheaper than in the past? So therefore the cost of production will be appreciatively less?
If so then let's hope that resource upgrades are substantial.
From this point on till operations commencement there could be a multiplier of 3 on the current share price.
As the American Fed injects more dollars into the global economy...
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