Jo,
Boddington mine is impressive by all accounts.
NEM Current PE is around 20. Income to cost is around 5:4. If gold doubles, income to cost then becomes 10:4, so profit in theory would blow out by a factor. Will gold double? I don't know but once it breaks US1000 it could really run. What will they all buy then? Blue chip gold miners. imo.
how low can it go, page-5
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Last
$73.65 |
Change
1.410(1.95%) |
Mkt cap ! $10.25B | |||
| Open | High | Low | Value | Volume |
| $72.49 | $73.65 | $72.25 | $36.04M | 492.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $73.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $73.69 | 3306 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| NEM (ASX) Chart |