RXM rex minerals limited

Anyone got any idea what the depreciation of the dollar will...

  1. 246 Posts.
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    Anyone got any idea what the depreciation of the dollar will have on Hillside's economics ? I suspect that in the development stage a weaker A$ might ,in fact, be a negative as I assume that all tenders would be written in U.S. IMO this may make things a bit messy. Pretty difficult to run any business when one of the most critical factors (i.e.the exchange rate)is so variable. (IMO the exchange rate is more critical than the U.S.copper price.) Of course once mining a lower A$ would,on the balance, be highly advantageous. Best of luck to all!
 
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