CDG 0.00% 7.0¢ cleveland mining company limited

Quote from mooroolmick back in Feb 2016 . A year ago the...

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    Quote from mooroolmick back in Feb 2016 .

    A year ago the exchange rates were:

    1 Year ago: 2.7 real= $1 USD................................................
    Now:.........4 Real = $1USD (depreciation 48%

    So the cost of labour has gone down by a significant amount and also the cost of administration with brazilian authorities should also have gone down .
    I hope we can buy out our partner in Braz real rather than us$ or aus $.
    Very happy with today's SP .
    GLTA
 
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