Nanday,
you cannot compare % drop in pog with % drop of goldies sp, because 200 dollar drop in pog is 200 drop in goldies revenue per tonne, while expenditure still the same per tonne.
however, reversely, if pog goes up to 1500, you would expect SLR sp to be around 80c, and that could all happening overnight.
mf tempted at current price, page-65
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