Don't want to sound preachy here but looking at the comments in this thread, a better understanding of a gold miners business model might be beneficial...
This guy explains the gold market and the players involved (including gold miners in general) quite well and using everyday terms...
Belangp - Know the opponents
It's a good start and I wish he explained Gold leasing/GOFO rate a bit more. Enjoy...
Ann: Half Yearly Report and Accounts, page-36
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Last
$1.77 |
Change
0.035(2.02%) |
Mkt cap ! $1.325B | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.77 | $1.74 | $1.889M | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 47372 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 39769 | 30 |
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| Last trade - 12.07pm 05/09/2024 (20 minute delay) ? |
| RRL (ASX) Chart |