re incomeDoesnt the wekening peso add profit to the mine and reduce the construction cost?? I used to own usas when they were building the san ratael mine in mexico. The estimate was 21 million but the mx peso weakened throughout the construction and it only ended up costing 16 million. If our contracts were written in pesos we should have saved tons of money but not a peep out of either company about this. Maybe they renegotiated the contracts but never the less this is important to shareholders and the companies need to disclose this info!!!!!!!!!!!!!!!!! its material!!!!!!
oil
p.s just my opinion