Replies to post #13429 on Mostly: Classical

[Frank Pembleton]

What about the the India's currency against the US$, against outsourcing companies like Wipro...?

[amarksp]

yes, and GBN chart looks just as bad...

but, if Rand goes to 7.50:1, then Rand POG = 100,000 Rand per Kg. Most all SA Mines show good profitability at over 95,000 Rand per Kg.

Current SA Rand per Kg = 86,450
16% Depreciation of Rand from 6:48 to 7:50 = 16%
86450 * 116% = 100,050 SA Rand per KG

Burnstone would be highly profitable...