OZL 0.00% $26.44 oz minerals limited

us$ collapse --> now at 69.50, page-2

  1. 32 Posts.
    Yes it would. Currently, A$1 = US$0.6983.

    Gross debt position on:
    10th December: US$692.5m (A$1082.0m)
    17th December: US$692.5m (A$991.7m)

    So that's a A$90.3m reduction in 7 days.

    However, consequently there will be a reduction in our revenue stream when commodity spot prices are converted to $AUD. But considering our predicament, lets hope the US declines a little more.
 
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