Good hedge against Aussie Dollar but think the real upside is that it is very sensitive to the gold price and they have no risk of losing if gold collapses, as it is not in production....so big jump in value on Gold rise in AUD....and the chance of some upside with exploration....but whatever they have over 1 Million ounces that looks pretty good at these prices.....happy to hold this one for many reasons, but not to trade....
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Good hedge against Aussie Dollar but think the real upside is...
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