LGL lynch group holdings limited
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could be the issue bhp has.In the bhp case the rising australian...

  1. cryptonomicon
    3,904 Posts.
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    14/05/09
    08:17
    Post #: 5133869
    could be the issue bhp has.

    In the bhp case the rising australian dollar meant that wage costs per tonne in their case went up.

    So with the Ozzie heading to new heights LGL would not only have the normal exchange rate issue - but also that cost per oz will be reported as rising.

    Only a guess
    LGL Price at posting: $3.10 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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