HDY 0.00% 0.4¢ hardey resources limited

Ann: SRK concludes High-Grade Vanadium Mineralisation at Nelly, page-64

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  1. 14,796 Posts.
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    https://www.irishtimes.com/business/economy/argentina-raises-interest-rates-to-60-1.3612339


    argentina does have its monetary inflation and history of defaults, but where does that put us?


    what does your AUD buy you ? a lot of pesos.   If locals are paid in pesos does that mean we have a cheap work force ?


    The interest rate has jumped to 60% from 45% to try and get a tightening on inflation.  Makes it difficult for locals to debt finance, but for a foreign company buying mining assets where the minerals are sold in USD ??


    Im no economist, so i cant say really.


 
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