I think one of the biggest risks out there is USD. I think the...

I think one of the biggest risks out there is USD. I think the USD will weaken, which will strengthen the AUDUSD to 80 - 85 cents. Hopefully gold will strengthen with it, but if not could expect lower AUDPOG. The main point is that there is minimal risk on performance of BLK producing gold, having a strong balance sheet and credible management. If BLK focus on producing gold and worrying about factors they can control, the rest will take care of itself. Remember that there is some gold already hedged. Buy on weakness.