WSA
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0.00% $3.86 western areas limited

wsa must hedge aud, page-10

  1. DSD
    15,813 Posts.
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    23/10/08
    12:47
    Post #: 4420070
    Does anyone else reckon such a low AUD is unsustainable and WSA should hedge? I ave no faith in USD. US economy is a house of cards. Laterite mines in death throes. Ravensthorpe would have folded 2 months ago but is current CEO's baby and he appears loathe to admit it is a turkey. Original CAPEX was 1.8B but final figure came in at 2.8B !!
    WSA Price at posting: $3.09 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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