Probably too provocative, outlandish or foolish to get a discussion going around extra debt topic. I guess we just wait.
GP had it’s frenzied rise (one of the biggest daily candles in the Gold bull run), a pull back, consolidation and now should move up towards the resistance of $2940 ish.
Don’t see it having the energy today for another ATH, being a Friday, but I have been wrong before!
The good news for Gold Miners is the Av Gold Sales Price (ASGP) must be around +$2,700, that’s +$2,700 for the Qtr.
In Q3 and Q4 ASGP growth way out stripped AISC and most producers who hit there production targets started making fat operating profits.
If AISC continues to stabilise, and demand for physical and AGSP goes up past +$2,700, producers will be showing bigger fat profits again this Qtr.
That’s got too help with rotation into all Goldie’s including developers.
Ann: WWI Investor Presentation - Bell Potter Unearthed 2025, page-6
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Mkt cap ! $70.96M | |||
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