oz $ v us$

I know we have discussed this subject before - but, in the absence of any information from management - I continue to ask the question - what are we doing about our cash?? According to predictions in all the news I read, our dollar will reach parity with the US$ some time early in the new year. That means that our nest egg of $A 1 billion will be worth just $A 700 million . A loss of $300 million in a matter of 6 months. Now, unless, Rio are prepared to take US$, we will have lost all this years' profit. No wonder our SP cannot get past $1.30. M.