""As at 29 April 13, the company held $63 million USD cash and no debt. With a 10% fall in the AUD since, cash in AUD is now almost $70M AUD.""
It may sounds good that we have more aussie dollars, but, what you fail to mention, is that all of our operations are overseas, and where we need $USD to do anything and everything. Our Aussie dollars will get us nowhere fast there.
It would be different if we were operating solely in Australia and where we would get paid in $USD for all of troubles and the oil sales, but, the fact is, that we are not.
Sorry mate but, a hell of a lot of nothing and hot air there. And I can't figure out as to why no one made any comments in relation to that part either.
what's happening, page-8
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