I somehow recollect that Glenn Stevens was looking at an U$0.85 AUD. He's been jawboning that for a while. The AUD may never quite get there, but I think it -- depending on China -- gets there and overshoots. But who knows.
Oz Miners Mining in Oz
I agree with you concerning domestic miners, SBM, SAR, immediately come to mind. (But it's been years since I checked their AISC (costs then)).
Yanks
Most of them couldn't find Australia on a map even if it were Vegemite-smeared with throbbing boomerangs pointing at it. Most of the rest put Oz in a mountainous, skiing, European kinda place. As for MSM, this is real, this is now and it's funny (if one doesn't think of the implications:
