SDL 0.00% 0.6¢ sundance resources limited

$us vs sdl capex, page-9

  1. 1,107 Posts.
    lightbulb Created with Sketch. 1
    Although I doubt there is any chance that the funds will be provided by an Australian strategic partner, I will use the Aussie dollar as an example.

    Back when the US$3.3 Billion was costed out, if the Aussie Dollar was trading at US65c, then it would have equated to roughly AU$5,082,000,000

    If we base the $US3.3 Billion on todays dollar, which is trading at about US90c, then it would equate to $3,663,000,000.

    This is a difference of $1,419,000,000 which is quite considerable, and represents a reduction of nearly 30%.

    Now I am not a scientist, so I am not quite sure how it all works, but on face value, the weakening US dollar would seem to work in SDL's favour, unless of course they were trying to attract US investors.
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.