That is true, however the sales proceeds are converted into A$,...

That is true, however the sales proceeds are converted into A$, hence we pay more on the loan too. Then there are other goods and services which will increase in cost such as fuel and other machinery etc. This is not good for Australia and also GBG. Hence there is a need to increase production and reduce the cost per ton of iron ore produced. GBG cannot be considered a going concern if it continues to make a loss.