re: australian dollar, page-23

re: australian dollar My posting regarding 90% profitability was a hypothetical
% & in reality who knows what it will be as MAE hasn't got to that point. It could be 90% it could be 70% - the higher the daily production rates the higher the % profitability as the fixed costs remain the same.
The issue was related to the pros/cons of currency conversion for MAE & anyway
this is an asset play so the % profitability is
not of importance at this time.