RE: Aussie dollar falls below 70c....That is a positive 6.7% change for GGP...6 Dec 2021 07:33
Not something to get excited about IMO.
In all my years in business (we had earnings in US$, costs and accounting in the UK), some years exchange rates work for you, some they work against you. Most times you have a hedging cost to consider too. This is not something that you have any real control over, so not something that needs a lot of management time on.
SD, please concentrate on the fundamentals for us - HAV, exploration drilling and progressing our full asset base. The price of gold changes can and will dwarf any minor exchange rate moves. Our core business is more important than exchange rates.