Unfortunately there is repeated reference to record increases in gold prices but not mention of record increase in operations costs. Yes the gold price is sweet at the moment, never been higher. Its not only cost of living that is sky rocketing due to inflation. Operating costs are through the roof, otherwise actual existing Au producers would be topping the biggest mover lists on a daily basis.
I agree Youanmi is no industry secret.
The several Moz and the amazing Au price is definitely the Elephant in the room, but the massive operating costs Gorilla scratching his nuts in the corner should not be ignored.IMO
Ann: Entitlement offer to raise up to $7.62 million, page-70
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Last
27.5¢ |
Change
-0.015(5.17%) |
Mkt cap ! $207.2M | |||
| Open | High | Low | Value | Volume |
| 29.8¢ | 30.0¢ | 27.5¢ | $366.9K | 1.289M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 7 | 281429 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 152672 | 8 |
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| Last trade - 11.48am 01/08/2025 (20 minute delay) ? |
| RXL (ASX) Chart |