“The wake up call will probably happen this coming reporting season when we see gold stocks printing a stack load of cash in this quarter because of the higher gold price“
This comment may well be right. One broker also predicts that the quarterlies will show a fall in costs which is possible due in part to lower labour costs arising from closure of nickel and lithium mines. I am a little sceptical there will be much of a fall in costs in the March quarter but there may be some reduction in the June quarter.
Any reduction in costs together with higher revenue arising from the much higher POG will just add to any rebound in share prices of gold producers.
