Another lesson for greenhorns: any bad outcome can find a bunch of apologists.
Personally I'm not interested in excuses, just facts, and there are plenty of resource companies which did keep within their cost forecasts: GDO just isn't one of them.
As for the AUD at 107: sure that's now but it sure as heck wasn't that level in 2010; and clearly a resource boom demands acknowledgement that the AUD will rise. It was riding pretty high pre-gfc by memory.
Another lesson for greenhorns: any bad outcome can find a bunch...
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