Gold up to $3118 Australian this morning. Good chance of breaking the $2000 US mark or will the 2000 line be like an electric shock to the market and see it fall like a rock as its done before. Pfs's, dfs's, fid's would look pretty good for up and comers to the production phase with prices like this. Producers will lock in some hedges for sure. I remember a big company locking in $3200+ quite a few months ago might pay off for them yet. Its all positive for KRR at this point IMO. I just wish we could utilise these gold prices to our advantage somehow. Takeover too early. ?
Ann: Quarterly Cash Flow Report, page-11
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