OZL
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0.00% $26.44 oz minerals limited

Losty,80% of OZ Minerals costs are AUD dominated. If the Aussie...

  1. Hugeorgans
    276 Posts.
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    28/01/10
    11:27
    Post #: 6254154
    Losty,

    80% of OZ Minerals costs are AUD dominated. If the Aussie goes up against the US, the cash cost would increase as a result. The revenue would not change as it is USD dominated. A low AUD is favourable for pretty much any company that exports products or services from Australia.


    OZL Price at posting: $1.13 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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