Re: Q2 Letter is out.
in response to
by
posted on
Jul 29, 2022 09:15AM
As of June 30, 2022, 88%, or $653 million, of the $741 million capital budget has been spent. The Company continues to monitor the high inflationary environment in Argentina but does not expect any impact on the Company’s funding requirements for the project to reach production..."
Those are a few lines that caught my eye. With US dollar being very strong one might think that company should be in an advantageous position to a weak Argentina peso.