stripping costs, page-7

Gold is unlikely to fall in price as many countries increase their gold reserves including China. Countries like Afghanistan now require gold to be sold to the government with a few exclusions.

The Aussie economy is small compared to the major countries like USA, China, Germany and Japan, so how it does has virtually no effect on the gold price.

It looks as if Ramelius will have something in the share price for being a possible takeover target. Plus, recent drilling results have been increasingly encouraging and should also reduce production costs going forward.

Always a guess really, though I see the present momentum continuing and a price around 70 cents as the next target.