Ann: Investor Update Presentation - January 2019, page-23

hey flaming my friend
just a quick note and I will come back over the week and write something longer. 

I still I’ll have a big chunk of money in this.
i am very bullish
my thesis of 50bps cut from RBA (I called out over 12 months ago) is gaining more support. Probably in this stock forum too. So AUD will move down in the right direction. Bill Evans, economist from Westpac released a note to media today tilting towards rate reduction. Just via his comment fx dropped by 50bps. Imagine when rba does drop by 25. And you can be sure that market understands that rba never drops by one rate only 
I think $1 is very achievable. If not in May, certainly in the next 6 months. Probably 80+ cents by May.
took a little longer for gold to move in the US. I had forecast fed notioning a hold on their rates a little earlier than they did. USD is rocky AND AUD is going down. Crypto has lost a little luster for now. Gold will fair well. And SLR is a leverage play based on historic high costs. Happy days. 
Merger threw me a bit. And slowed sp growth too. but fundamentals of gold and fx and historic marginal revenue will prevail.
should be good
cheers
pez