holding up extremely well, page-7

Are you confident that that is necessary? Isn't Gold itself enough hedge against sudden devaluation of the USD, and appreciation of the AUD?
Lately as we know, the fall in the AUD has compensated for Gold stagnating in USD. In just the last 24hrs, Gold in Oz dollars has again got to $1200/oz.

Now lets say the AUD starts to appreciate against a weakening USD. Gold will also start to appreciate in that scenario, and probably out-pace the rise in the Oz dollar.

Also, a currency hedge can fail of course. It's difficult to predict the direction and timing - who would have predicted such a strong run in the USD? They're hick miners not currency speculators, best keep it simple.

I think it would be a bad precedent to currency hedge; next they might hedge Gold itself. Why not trust gold to sort it out? Gold is better quality than the Oz dollar. Rely on Gold.